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

Role
President and CEO, Director
Signature
/s/ Clint J. Pete, Attorney-In- Fact
Stock symbol
CTHR
Transactions as of
Nov 14, 2023
Transactions value $
$0
Form type
4
Date filed
11/16/2023, 06:02 PM
Previous filing
Oct 17, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CTHR Common Stock 451K Nov 14, 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 +100K $0.00 100K Nov 14, 2023 Common Stock 100K $0.30 Direct F1
transaction CTHR Stock Option (Right to Buy) Award $0 +150K $0.00 150K Nov 14, 2023 Common Stock 150K $0.30 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").