Filing Details
- Accession Number:
- 0000921895-24-001551
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-07-10 19:52:49
- Reporting Period:
- 2024-07-08
- Accepted Time:
- 2024-07-10 19:52:49
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
723603 | Culp Inc | CULP | Broadwoven Fabric Mills, Cotton (2211) | 561001967 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1640809 | 22Nw Fund, Lp | 590 1St Ave. S Unit C1 Seattle WA 98104 | No | No | Yes | No | |
1694297 | 22Nw, Lp | 590 1St Ave. S Unit C1 Seattle WA 98104 | No | No | Yes | No | |
1770436 | R. Aron English | 590 1St Ave. S Unit C1 Seattle WA 98104 | No | No | Yes | No | |
1770575 | 22Nw Fund Gp, Llc | 590 1St Ave. S Unit C1 Seattle WA 98104 | No | No | Yes | No | |
1783663 | 22Nw Gp, Inc. | 590 1St Ave. S Unit C1 Seattle WA 98104 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2024-07-08 | 39,248 | $4.75 | 1,286,344 | No | 4 | P | Indirect | By: 22NW Fund, LP |
Common Stock | Acquisiton | 2024-07-10 | 22,125 | $5.00 | 1,308,469 | No | 4 | P | Indirect | By: 22NW Fund, LP |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By: 22NW Fund, LP |
No | 4 | P | Indirect | By: 22NW Fund, LP |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 1,450 | Direct |
Footnotes
- This Form 4 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.
- Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.57 to $4.75, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- 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.
- Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.88 to $5.05, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.