Ollin B. Sykes - Nov 17, 2022 Form 4 Insider Report for CHARLES & COLVARD LTD (CTHR)

Role
Director
Signature
/s/ Clint J. Pete, Attorney-In-Fact
Stock symbol
CTHR
Transactions as of
Nov 17, 2022
Transactions value $
$0
Form type
4
Date filed
11/21/2022, 03:57 PM
Previous filing
Mar 16, 2022
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CTHR Common Stock 1.55M Nov 17, 2022 By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985 F1
holding CTHR Common Stock 190K Nov 17, 2022 By SEP IRA
holding CTHR Common Stock 95.4K Nov 17, 2022 By ROTH IRA
holding CTHR Common Stock 112K Nov 17, 2022 By IRA
holding CTHR Common Stock 45.8K Nov 17, 2022 By spouse
holding CTHR Common Stock 636K Nov 17, 2022 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 +52.6K $0.00 52.6K Nov 17, 2022 Common Stock 52.6K $0.95 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 375,000 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 Option vests and becomes exercisable on the date of the 2023 Annual Shareholders' Meeting.