Don O'Connell - 14 Nov 2023 Form 4 Insider Report for CHARLES & COLVARD LTD (CTHR)

Role
President and CEO, Director
Signature
/s/ Clint J. Pete, Attorney-In- Fact
Issuer symbol
CTHR
Transactions as of
14 Nov 2023
Net transactions value
$0
Form type
4
Filing time
16 Nov 2023, 18:02:18 UTC
Previous filing
17 Oct 2023
Next filing
22 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CTHR Common Stock 451,114 14 Nov 2023 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 +100,000 $0.000000 100,000 14 Nov 2023 Common Stock 100,000 $0.2965 Direct F1
transaction CTHR Stock Option (Right to Buy) Award $0 +150,000 $0.000000 150,000 14 Nov 2023 Common Stock 150,000 $0.2965 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option vested immediately upon grant date of November 14, 2023.
F2 Option will vest, subject to achievement of performance goals, on July 31, 2024, pursuant to Charles & Colvard, Ltd.'s Fiscal 2024 Executive Equity Incentive Program (the "Plan").