Ollin B. Sykes - 04 Mar 2022 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: 04 Mar 2022
Net transactions value: +$40,146
Form type: 4
Filing time: 08 Mar 2022, 15:16:11 UTC
Previous filing: 28 Feb 2022
Next filing: 10 Mar 2022
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	$17,500	+10,000	+6.9%	$1.75	155,600	04 Mar 2022	By SEP IRA
transaction	CTHR	Common Stock	Purchase	$22,646	+13,400	+8.6%	$1.69	169,000	07 Mar 2022	By SEP IRA	F2
holding	CTHR	Common Stock						1,550,000	04 Mar 2022	By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985	F1
holding	CTHR	Common Stock						95,358	04 Mar 2022	By ROTH IRA
holding	CTHR	Common Stock						111,500	04 Mar 2022	By IRA
holding	CTHR	Common Stock						45,787	04 Mar 2022	By spouse
holding	CTHR	Common Stock						636,421	04 Mar 2022	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 550,000 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	Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.68 to $1.70, 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.

Content

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 550,000 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.

Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.68 to $1.70, 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.