Culp Inc.

09/11/2024 | Press release | Distributed by Public on 09/11/2024 16:43

Amendment to Initial Statement of Beneficial Ownership - Form 3/A

Ownership Submission
FORM 3/A
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL 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
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1. Name and Address of Reporting Person *
English Aron R.
2. Date of Event Requiring Statement (Month/Day/Year)
2024-07-08
3. Issuer Name and Ticker or Trading Symbol
CULP INC [CULP]
(Last) (First) (Middle)
590 1ST AVE. S , UNIT C1
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
2024-07-10
(Street)
SEATTLE WA 98104
6. Individual or Join/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
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
English Aron R.
590 1ST AVE. S
UNIT C1
SEATTLE, WA98104

X

22NW, LP
590 1ST AVE. S
UNIT C1
SEATTLE, WA98104

X

22NW Fund, LP
590 1ST AVE. S
UNIT C1
SEATTLE, WA98104

X

22NW Fund GP, LLC
590 1ST AVE. S
UNIT C1
SEATTLE, WA98104

X

22NW GP, Inc.
590 1ST AVE. S
UNIT C1
SEATTLE, WA98104

X

Signatures

/s/ Aron R. English 2024-09-11
**Signature of Reporting Person Date
22NW Fund, LP; By: 22NW Fund GP, LLC; By: /s/ Aron R. English, Manager 2024-09-11
**Signature of Reporting Person Date
22NW, LP; By: 22NW GP, Inc.; By: /s/ Aron R. English, President and Sole Shareholder 2024-09-11
**Signature of Reporting Person Date
22NW Fund GP, LLC; By: /s/ Aron R. English, Manager 2024-09-11
**Signature of Reporting Person Date
22NW GP, Inc., By: /s/ Aron R. English, President and Sole Shareholder 2024-09-11
**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) This Form 3/A is filed jointly by 22NW Fund, LP ("22NW Fund"), 22NW, LP ("22NW"), 22NW Fund GP, LLC ("22NW GP"), 22NW GP, Inc. ("22NW Inc.") and Aron English (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
(2) This Form 3/A is being filed to correct the number of shares of Common Stock reported as beneficially owned by 22NW Fund in Table I of the original Form 3, which inadvertently reported 1,247,096 shares of Common Stock beneficially owned by 22NW Fund, instead of the 1,244,322 shares of Common Stock reported herein. This Form 3/A is deemed to update the number of securities reported as beneficially owned by 22NW Fund in any Forms 4 subsequently filed by the Reporting Persons through the date hereof.
(3) Securities owned directly by 22NW Fund. As the investment manager to 22NW Fund, 22NW may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW Fund, 22NW GP may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW, 22NW Inc. may be deemed to beneficially own the securities owned directly by 22NW Fund. Mr. English, as the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc., may be deemed to beneficially own the securities owned directly by 22NW Fund.
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.