Ollin B. Sykes - Dec 1, 2023 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: Dec 1, 2023
Transactions value $: $26,715
Form type: 4
Date filed: 12/5/2023, 04:15 PM
Previous filing: Nov 16, 2023
Next filing: Dec 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTHR	Common Stock	Purchase	$26.7K	+61.3K	+32.45%	$0.44	250K	Dec 1, 2023	By SEP IRA	F2
holding	CTHR	Common Stock						1.55M	Dec 1, 2023	By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985	F1
holding	CTHR	Common Stock						95.4K	Dec 1, 2023	By ROTH IRA
holding	CTHR	Common Stock						154K	Dec 1, 2023	By IRA
holding	CTHR	Common Stock						136K	Dec 1, 2023	By spouse
holding	CTHR	Common Stock						736K	Dec 1, 2023	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 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	Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.42 to $0.44, 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 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.

Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.42 to $0.44, 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.