Ownership Submission
|
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
OMB APPROVAL
|
|
OMB Number:3235-0104Expires:January 31, 2005Estimated average burden hours per response...0.5
|
|
|
1. Name and Address of Reporting Person *
|
|
Hunsberger Mary Elizabeth
|
|
2. Date of Event Requiring Statement (Month/Day/Year)
2024-07-27
|
3. Issuer Name and Ticker or Trading Symbol
CULP INC [CULP]
|
|
(Last)
|
(First)
|
(Middle)
|
|
1823 EASTCHESTER DRIVE
|
|
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
_____ Director
|
_____ 10% Owner
|
|
_____ Officer (give title below)
|
_____ Other (specify below)
|
|
President, Upholstery Fabrics /
|
|
5. If Amendment, Date Original Filed(Month/Day/Year)
|
(Street)
|
|
HIGH POINT
|
NC
|
27265
|
|
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
|
|
Table I - Non-Derivative Securities Beneficially Owned
|
|
|
1.Title of Security
|
2. Amount of Securities Beneficially Owned
|
3. Ownership Form: Direct (D) or Indirect (I)
|
4. Nature of Indirect Beneficial Ownership
|
|
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
|
2. Date Exercisable and Expiration Date
|
3. Title and Amount of Securities Underlying Derivative Security
|
4. Conversion or Exercise Price of Derivative Security
|
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
|
6. Nature of Indirect Beneficial Ownership
|
|
Date Exercisable
|
Expriation Date
|
Title
|
Amount or Number of Shares
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
|
Director
|
10% Owner
|
Officer
|
Other
|
Hunsberger Mary Elizabeth
1823 EASTCHESTER DRIVE
HIGH POINT, NC27265
|
|
|
President, Upholstery Fabrics
|
|
Signatures
|
Mary Elizabeth Hunsberger
|
2024-08-05
|
|
**Signature of Reporting Person
|
Date
|
Explanation of Responses:
|
(*)
|
If the form is filed by more than one reporting person, see Instruction 5(b)(v).
|
|
(**)
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
|
(1)
|
Contingent right to issuance of Culp, Inc. common stock.
|
|
(2)
|
Consists of 29,516 restricted stock units (RSUs), of which 14,758 RSUs vest and convert into the right to receive one share of common stock per RSU (14,758 total shares of common stock) on or about July 10, 2026, if the participant remains employed by the company as of such date; the remaining 14,758 RSUs could vest and convert into the right to receive up to a maximum of 24,597 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning May 1, 2023, and ending May 3, 2026, per the terms of the award agreement.
|
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
