Ollin B. Sykes - 02 Dec 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
02 Dec 2021
Net transactions value
+$50,356
Form type
4
Filing time
06 Dec 2021, 15:19:02 UTC
Previous filing
03 Dec 2021
Next filing
08 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTHR Common Stock Purchase $21,656 +7,267 +0.5% $2.98 1,471,010 02 Dec 2021 By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985 F2
transaction CTHR Common Stock Purchase $28,700 +10,000 +0.68% $2.87 1,481,010 03 Dec 2021 By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985 F1, F3
holding CTHR Common Stock 138,000 02 Dec 2021 By SEP IRA
holding CTHR Common Stock 95,358 02 Dec 2021 By ROTH IRA
holding CTHR Common Stock 111,500 02 Dec 2021 By IRA
holding CTHR Common Stock 45,787 02 Dec 2021 By spouse
holding CTHR Common Stock 591,779 02 Dec 2021 Direct
* 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 481,010 shares (including the 17,267 shares reported as purchased herein) 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 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.95 to $2.98, inclusive. The reporting person undertakes to provide to Charles & Colvard, Ltd., any security holder of Charles & Colvard, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.
F3 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.85 to $2.95, inclusive. The reporting person undertakes to provide to Charles & Colvard, Ltd., any security holder of Charles & Colvard, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.