Clint J. Pete - 14 Nov 2023 Form 4 Insider Report for CHARLES & COLVARD LTD (CTHR)

Role
CFO
Signature
/s/ Clint J. Pete
Issuer symbol
CTHR
Transactions as of
14 Nov 2023
Net transactions value
$0
Form type
4
Filing time
16 Nov 2023, 19:08:02 UTC
Previous filing
17 Oct 2023
Next filing
21 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 199,828 14 Nov 2023 Direct
holding CTHR Common Stock 59,500 14 Nov 2023 By IRA

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 +50,000 $0.000000 50,000 14 Nov 2023 Common Stock 50,000 $0.2965 Direct F1
transaction CTHR Stock Option (Right to Buy) Award $0 +75,000 $0.000000 75,000 14 Nov 2023 Common Stock 75,000 $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").