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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Incentive Stock Option (right to buy) (2) | 03/29/2002(3) | 03/28/2006 | Common Stock | 500 | $ 3.03 | D | Â |
Incentive Stock Option (right to buy) (2) | 06/12/2002(3) | 06/11/2006 | Common Stock | 1,000 | $ 4.1 | D | Â |
Incentive Stock Option (right to buy) (4) | 06/21/2003(3) | 06/20/2007 | Common Stock | 2,500 | $ 13.99 | D | Â |
Incentive Stock Option (right to buy) (4) | 06/17/2004(3) | 06/16/2008 | Common Stock | 2,500 | $ 6.61 | D | Â |
Incentive Stock Option (right to buy) (4) | 06/15/2005(3) | 06/14/2009 | Common Stock | 3,000 | $ 7.13 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Bowling Kenneth R 1823 EASTCHESTER DRIVE HIGH POINT, NC 27265 |
 |  |  VP-Finance and Treasurer |  |
Teresa A. Huffman, Attorney-In-Fact | 01/11/2006 | |
**Signature of Reporting Person | Date |
* | 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) | These shares are held indirectly through units in an investment fund that owns primarily Culp, Inc. shares. The number of shares is an estimated number based on allocations provided by the plan administrator. |
(2) | Employee stock option (right to buy) granted pursuant to the Culp, Inc. 1993 Stock Option Plan in reliance upon the exemption provided by Rule 16b-3(d). |
(3) | These options vest in four equal annual installments beginning on the date noted. |
(4) | Employee stock option (right to buy) granted pursuant to the Culp, Inc. 2002 Stock Option Plan in reliance upon the exemption provided by Rule 16b-3(d). |
 Remarks: Exhibit List Exhibit 24 - Power of Attorney |