Ollin B. Sykes - 18 Nov 2021 Form 4 Insider Report for CHARLES & COLVARD LTD (CTHR)

Role
Director
Signature
/s/ Clint J. Pete, Attorney-In-Fact
Issuer symbol
CTHR
Transactions as of
18 Nov 2021
Net transactions value
$0
Form type
4
Filing time
19 Nov 2021, 18:47:42 UTC
Previous filing
17 Nov 2021
Next filing
29 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CTHR Common Stock 1,413,518 18 Nov 2021 By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985 F1
holding CTHR Common Stock 138,000 18 Nov 2021 By SEP IRA
holding CTHR Common Stock 95,358 18 Nov 2021 By ROTH IRA
holding CTHR Common Stock 111,500 18 Nov 2021 By IRA
holding CTHR Common Stock 45,787 18 Nov 2021 By spouse
holding CTHR Common Stock 591,779 18 Nov 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CTHR Stock Option (right to buy) Award $0 +15,600 $0.000000 15,600 18 Nov 2021 Common Stock 15,600 $3.20 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ollin Sykes is the co-trustee of the Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985. The aggregate shares of the Issuer's common stock reported as held by the plan include 413,518 shares held in Mr. Sykes's personal 401(k) account under the plan. Mr. Sykes disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2 Option vests and becomes exercisable on the date of the 2022 Annual Shareholders' Meeting.

Remarks:

Exhibit 24.1 - Power of Attorney