<SEC-DOCUMENT>0001157523-18-002577.txt : 20181213
<SEC-HEADER>0001157523-18-002577.hdr.sgml : 20181213
<ACCEPTANCE-DATETIME>20181213154142
ACCESSION NUMBER:		0001157523-18-002577
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181208
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20181213
DATE AS OF CHANGE:		20181213

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CULP INC
		CENTRAL INDEX KEY:			0000723603
		STANDARD INDUSTRIAL CLASSIFICATION:	BROADWOVEN FABRIC MILLS, COTTON [2211]
		IRS NUMBER:				561001967
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			0429

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12597
		FILM NUMBER:		181233135

	BUSINESS ADDRESS:	
		STREET 1:		1823 EASTCHESTER DRIVE
		CITY:			HIGH POINT
		STATE:			NC
		ZIP:			27265
		BUSINESS PHONE:		3368895161

	MAIL ADDRESS:	
		STREET 1:		P O BOX 2686
		CITY:			HIGH POINT
		STATE:			NC
		ZIP:			27265
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51914236.htm
<DESCRIPTION>CULP, INC. 8-K
<TEXT>
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      <font style="font-size: 12pt"><b>UNITED STATES</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>WASHINGTON,
      D.C.&#160;20549</b></font><br><br><font style="font-size: 16pt; font-family: Times New Roman"><b>FORM
      8-K</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT PURSUANT</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>TO
      SECTION 13 OR 15(d) OF THE</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font><br><br><u><font style="font-size: 10pt; font-family: Times New Roman">Date
      of Report (Date of earliest event reported)&#160;December 8, 2018</font></u><u><br></u><br><u><font style="font-size: 18pt; font-family: Times New Roman"><b>Culp,
      Inc.</b></font></u><br><font style="font-size: 10pt; font-family: Times New Roman">(Exact
      Name of Registrant as Specified in its Charter)</font><br><br><br>
    </p>
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            North Carolina
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          &#160;
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          <p style="margin-top: 0px; margin-bottom: 0px">
            1-12597
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          &#160;
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          <p style="margin-top: 0px; margin-bottom: 0px">
            56-1001967
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            (State or Other Jurisdiction
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            of Incorporation)
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            (Commission File Number)
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            &#160;
          </p>
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        <td style="width: 5%">

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            (I.R.S. Employer
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          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
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          &#160;
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        <td style="border-bottom-color: black; text-align: center; width: 34%; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            1823 Eastchester Drive
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            High Point, North Carolina&#160;&#160;27265
          </p>
        </td>
        <td style="width: 33%">

        </td>
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        <td style="width: 33%">

        </td>
        <td style="text-align: center; width: 34%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Address
            of Principal Executive Offices)</font>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Zip
            Code)</font>
          </p>
        </td>
        <td style="width: 33%">

        </td>
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      <tr>
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          &#160;
        </td>
        <td style="border-bottom-color: black; text-align: center; white-space: nowrap; width: 50%; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (336) 889-5161
          </p>
        </td>
        <td style="width: 25%">

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          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Registrant&#8217;s
            Telephone Number, Including Area Code)</font>
          </p>
        </td>
        <td style="width: 25%">

        </td>
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    </table>
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          &#160;
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        <td style="border-bottom-color: black; text-align: center; width: 56%; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid" valign="top">
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            Not Applicable
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        <td style="width: 22%">

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        </td>
        <td style="text-align: center; width: 56%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Former name or address, if changed from last report)
          </p>
        </td>
        <td style="width: 22%">

        </td>
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    </div>
    <p style="text-align: center">

    </p>
    <p style="text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
      &#167;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
      &#167;240.12b-2).
    </p>
    <p>
      Emerging growth company &#160;&#160;<font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act. &#160;&#160;<font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <div style="margin-right: 0pt; width: 100%; margin-left: 0pt; text-indent: 0pt; margin-bottom: 10pt">
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        </div>
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        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: justify">
      <b>Item 8.01 &#8211; Other Events.</b>
    </p>
    <p style="text-align: justify">
      On December 10, 2018, Culp, Inc. (the &#8220;Company&#8221;) issued a news release
      disclosing that Robert (Rob) G. Culp, III, Chairman of the Company&#8217;s
      board of directors, died on December 8, 2018.&#160;&#160;The news release is
      attached hereto as Exhibit 99.
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      <b>Item 9.01 (d) -- Exhibits</b>
    </p>
    <p style="text-align: justify">
      <a href="a51914236ex99.htm">99 &#8211; News Release dated December 10, 2018</a>
    </p>
    <p>

    </p>
    <div style="margin-right: 0pt; width: 100%; margin-left: 0pt; text-indent: 0pt; margin-bottom: 10pt">
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          <hr style="color: black; height: 1.5pt">

        </div>
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        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font>
    </p>
    <p style="text-align: left">
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      Registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.
    </p>
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          &#160;
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        </td>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            CULP, INC.
          </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            (Registrant)
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          &#160;
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          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
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        <td style="text-align: left; width: 44%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By:
          </p>
        </td>
        <td style="text-align: left; width: 45%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>/s/ Kenneth R. Bowling</u>
          </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Financial Officer
          </p>
        </td>
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        </td>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            (principal financial officer)
          </p>
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        <td style="width: 44%">

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        <td style="width: 5%">

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          &#160;
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        </td>
        <td style="width: 44%">

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        <td style="width: 5%">

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          &#160;
        </td>
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        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Dated: &#160;December 13, 2018</u>
          </p>
        </td>
        <td style="width: 5%">

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        <td style="width: 45%">

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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>a51914236ex99.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
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    <p style="text-align: right">
      <b>Exhibit 99</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Culp,
      Inc. Announces Passing of Robert G. Culp, III, Founder and Chairman</b></font>
    </p>
    <p>
      HIGH POINT, N.C.--(BUSINESS WIRE)--December 10, 2018--Culp, Inc. (NYSE:
      CULP) today announced that Robert (Rob) G. Culp, III, died on December
      8, 2018, following complications related to leukemia. Culp founded the
      company in 1972 with his father, Robert G. Culp, Jr. He was named Chief
      Executive Officer in 1981 and served in that capacity until 2007. He
      served as Chairman of the Board of Directors since 1990. Under his
      leadership, the company has become one of the world&#8217;s largest marketers
      of mattress fabrics for bedding and upholstery fabrics for furniture
      with global operations and approximately 1,400 employees worldwide.
    </p>
    <p>
      Culp was well respected throughout the home furnishings industry and
      remained active in trade associations throughout his career. He was also
      deeply committed to his home community of High Point through various
      philanthropic efforts along with his service on the downtown advisory
      board and as a trustee of High Point University. Culp was an avid
      supporter of his alma mater, the University of North Carolina, where he
      received his bachelor&#8217;s degree in economics. He earned his MBA from the
      Wharton School of Business at the University of Pennsylvania. Culp
      served as a member of the board of directors of Old Dominion Freight
      Line, Leggett &amp; Platt and Slumberland.
    </p>
    <p>
      Frank Saxon, vice chairman and chief executive officer of Culp, Inc.,
      stated, &#8220;We deeply mourn the passing of our beloved friend, colleague,
      and one of the company&#8217;s founders, Rob Culp. He was widely recognized as
      a visionary and passionate leader who built a company known for
      innovation and an unwavering commitment to our customers. He carried
      this same vision with him in all activities with the company, and he
      inspired everyone around him to strive for the same standards of
      personal character and work ethic as he did. Rob had valued
      relationships and deep ties within our industry, and he was highly
      admired and respected both within our organization and throughout the
      markets we serve. He will be greatly missed, especially for his sharp
      wit, generosity and kindness. Inspired by his example, everyone
      associated with Culp remains committed to Rob&#8217;s vision of excellence,
      and we will continue to honor his memory in the management of Culp in
      the years to come. As chief operating officer and president of Culp Home
      Fashions, Iv Culp will play an important role in extending the legacy of
      his father and grandfather, and I look forward to our continued work
      together. On behalf of the management team and board of directors, we
      extend our deepest sympathies to Rob&#8217;s wife, Susan, and to Iv and the
      entire Culp family.&#8221;
    </p>
    <p>
      Culp, Inc. is one of the world's largest marketers of mattress fabrics
      for bedding and upholstery fabrics for residential and commercial
      furniture. The company markets a variety of fabrics to its global
      customer base of leading bedding and furniture companies, including
      fabrics produced at Culp&#8217;s manufacturing facilities and fabrics sourced
      through other suppliers. Culp has operations located in the United
      States, Canada, China and Haiti.
    </p>
    <p style="text-align: center">

    </p>
    <p>
      CONTACT:<br>Investor Contact:<br>Kenneth R. Bowling<br>Chief Financial
      Officer<br>336-881-5630<br>
    </p>
    <p>
      Media Contact:<br>Teresa A. Huffman<br>Vice President, Human Resources<br>336-889-5161
    </p>
    <p>

    </p>
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