Ollin B. Sykes - Dec 7, 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 7, 2023
Transactions value $
$25,286
Form type
4
Date filed
12/11/2023, 06:26 PM
Previous filing
Dec 5, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTHR Common Stock Purchase $10.6K +25K +1.61% $0.42 1.58M Dec 7, 2023 By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985 F1, F2
transaction CTHR Common Stock Purchase $14.7K +36.9K +2.34% $0.40 1.61M Dec 8, 2023 By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985 F1, F3
holding CTHR Common Stock 250K Dec 7, 2023 By SEP IRA
holding CTHR Common Stock 95.4K Dec 7, 2023 By ROTH IRA
holding CTHR Common Stock 154K Dec 7, 2023 By IRA
holding CTHR Common Stock 136K Dec 7, 2023 By spouse
holding CTHR Common Stock 736K Dec 7, 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 $0.41 to $0.43, 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.
F3 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.38 to $0.40, 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 (3) to this Form 4.