a50947269.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC  20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)      September 17, 2014

Culp, Inc.
(Exact Name of Registrant as Specified in its Charter)


North Carolina
 
1-12597
 
56-1001967
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer
Identification No.)

1823 Eastchester Drive
High Point, North Carolina  27265
(Address of Principal Executive Offices)
(Zip Code)

(336) 889-5161
(Registrant’s Telephone Number, Including Area Code)

Not Applicable
(Former name or address, if changed from last report)
 
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 (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 
 
INDEX
 
 
  Page
   
Item 5.07 – Submission of Matters to a Vote of Security Holders  3
   
Signature  4
 
 
2

 
 
Item 5.07.                      Submission of Matters to a Vote of Security Holders.
 
On September 17, 2014, Culp, Inc. (the “Company”) held its annual meeting of shareholders.  At the meeting, the Company’s shareholders: (i) elected each of the five persons listed below under Proposal 1 to serve as a director of the Company until the 2015 annual meeting, or until their successors are elected and qualified; (ii) ratified the appointment of Grant Thornton LLP as the independent auditors of the Company for fiscal 2015; and (iii) voted for a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers (Say on Pay vote).  The following information sets forth the results of the voting at the annual meeting.
 
Proposal 1:  To elect five directors to serve until the 2015 annual meeting of shareholders, or until their successors are elected and qualified
 
Director Nominee
 
Shares
Voted For
Shares
Withheld
Broker
Non-Votes
Robert G. Culp, III
 
  9,662,686
1,070,305
1,088,696
Patrick B. Flavin
 
10,592,770
140,221
1,088,696
Kenneth R. Larson
 
10,592,840
140,151
1,088,696
Kenneth W. McAllister
 
10,592,172
140,819
1,088,696
Franklin N. Saxon
 
10,563,867
169,124
1,088,696
 
Proposal 2:  To ratify the appointment of Grant Thornton LLP as the Company’s independent auditors for fiscal 2015
 
For
 
11,811,058
 
 
Against
 
1,388
 
 
Broker Non-Votes
 
9,241
 
 
 
Proposal 3:  Advisory vote on executive compensation (Say on Pay)
 
For
 
10,618,106
 
 
Against
 
103,393
 
 
Abstain
 
11,491
 
 
Broker Non-Votes
 
1,088,696
 
 
 
 
 
 
 

 
3

 

SIGNATURES

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.
 
Date:      September 22, 2014
 
 
 
Culp, Inc.
 
 
 
 
By:
/s/ Thomas B. Gallagher, Jr.
 
 
Corporate Controller
 
 
(principal accounting officer)
 
 
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