{"url_path":"/sec/culp/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-17","source_url":"https://www.sec.gov/Archives/edgar/data/723603/0001193125-26-307064-index.html","accession_number":"0001193125-26-307064","cik":"0000723603","ticker":"CULP","issuer_name":"CULP INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/723603/0001193125-26-307064-index.html","primary_entity_key":"0000723603","primary_entity_name":"CULP INC"},"word_count":385,"has_tables":true,"body_markdown":"ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND\n\nMANAGEMENT AND RELATED STOCKHOLDER MATTERS\n\nInformation with respect to the security ownership of certain beneficial owners and management is included in the company’s definitive Proxy Statement to be filed within 120 days after the end of the company’s fiscal year pursuant to Regulation 14A of the Securities and Exchange Commission, under the captions “Beneficial Owners of 5% or More of Our Common Stock,” and “Nominees, Directors, and Executive Officers,” which information is herein incorporated by reference.\n\nThe following table sets forth information as of the end of fiscal 2026 regarding shares of our common stock that may be issued upon the exercise of equity awards previously granted and currently outstanding equity awards under the company’s equity incentive and stock option plans, as well as the number of shares available for the grant of equity awards that had not been granted as of that date.\n\nEQUITY COMPENSATION PLAN INFORMATION\n\n \n\n \n\n \n\nNumber of\nsecurities to be\nissued upon\nexercise of\noutstanding options,\nwarrants and rights\n\n \n\n \n\nWeighted-average\nexercise price of\noutstanding options,\nwarrants and rights (2)\n\n \n\n \n\nNumber of securities\nremaining available\nfor future issuance\nunder equity\ncompensation plan\n(excluding securities\nreflected in\ncolumn (a))\n\n \n\nPlan Category\n\n \n\n(a)\n\n \n\n \n\n(b)\n\n \n\n \n\n(c)\n\n \n\nEquity compensation plans approved by security holders (1) (2) (3)\n\n \n\n \n\n1,007,246\n\n \n\n \n\n$\n\n—\n\n \n\n \n\n \n\n387,293\n\n \n\nEquity compensation plans not approved by security holders\n\n \n\n \n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n \n\n—\n\n \n\nTotal\n\n \n\n \n\n1,007,246\n\n \n\n \n\n$\n\n—\n\n \n\n \n\n \n\n387,293\n\n \n\n \n\n(1) The total 1,007,246 in column (a) represents 795,485 and 211,761 of performance-based and time-based restricted stock units, respectively. The 797,485 performance-based restricted stock unit awards included in this amount represents the maximum number of common stock shares with remaining performance periods that could be issued if certain performance targets are met, of which 64,020 common stock shares are expected to vest based on estimated operating performance relative to pre-established targets. The 211,761 time-based restricted stock unit awards included in this amount represents the number of shares to be issued upon completion of the time-based vesting period for such restricted stock units.\n\n \n\n(2) All of the shares shown in column (a) are issuable under restricted stock units that do not require the payment of consideration by the recipient upon vesting of the award and issuance of the shares, and therefore there is no exercise price information shown in column (b).\n\n \n\n91"}