UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instruction 1(b).
() Form 3 Holdings Reported
() Form 4 Transactions Reported
1. Name and Address of Reporting Person
Woolen, Marvin A.
3101 N. Elm St.
Greensboro, NC USA 27415-6540
2. Issuer Name and Ticker or Trading Symbol
CONE MILLS CORPORATION COE
3. IRS Identification Number of Reporting Person, if an entity (voluntary)
4. Statement for Month/Year
02/29/00
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (x) Officer (give title below)
( ) Other (specify below)
Vice President
7. Individual or Joint/Group Filing (Check applicable line)
(x) Form Filed by One Reporting Person
( ) Form Filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock |09/05/|W |7500 |A |N/A |11500 |D | |
|1999 | | | | | | | |
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Common Stock | | | | | |5934 |I |by 401(k) Trust [1] |
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Common Stock | | | | | |500 |I |by custoday for son |
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<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option |8.000 | | | | |05/07|11/06|Common Stock|15000 | |15000 |D | |
(right to buy) | | | | | |/1997|/2006| | | | | | |
| | | | | | [2] | | | | | | | |
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Employee Stock Option |8.500 | | | | |05/11|11/09|Common Stock|8000 | |8000 |D | |
(right to buy) | | | | | |/1998|/2007| | | | | | |
| | | | | | [3] | | | | | | | |
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Employee Stock Option |4.4375 | | | | |05/04|11/03|Common Stock|15000 | |15000 |D | |
(right to buy) | | | | | |/1999|/2008| | | | | | |
| | | | | | [4] | | | | | | | |
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</TABLE>
Explanation of Responses:
1. Since last report, reporting person's account in the Company Stock Fund of
the 401(k) acquired 2,384 shares.
2, 3, 4. Stock Option grants under 1992 Stock Option Plan and as amended and
restated. Options are exerciseable in annual cumulative 20% increments beginning
on date exerciseable in column 6.
Marvin A. Woolen
SIGNATURE OF REPORTING PERSON
/Signature/
Marvin A. Woolen
DATE
02/09/2000
