Ollin B. Sykes - Nov 14, 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
Nov 14, 2023
Transactions value $
$77,600
Form type
4
Date filed
11/16/2023, 06:03 PM
Previous filing
Nov 21, 2022
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTHR Common Stock Purchase $15.2K +42.3K +37.94% $0.36 154K Nov 15, 2023 By IRA F3
transaction CTHR Common Stock Purchase $6.75K +20K +43.68% $0.34 65.8K Nov 14, 2023 By spouse
transaction CTHR Common Stock Purchase $23.9K +69.8K +106.1% $0.34 136K Nov 15, 2023 By spouse F4
transaction CTHR Common Stock Purchase $31.8K +100K +15.71% $0.32 736K Nov 14, 2023 Direct F5
holding CTHR Common Stock 1.55M Nov 14, 2023 By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985 F1
holding CTHR Common Stock 189K Nov 14, 2023 By SEP IRA F2
holding CTHR Common Stock 95.4K Nov 14, 2023 By ROTH IRA
* 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 Correction from previously disclosed quantity of 189,920 due to scrivener's error.
F3 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.35 to $0.36, 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.
F4 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.34 to $0.36, 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 (4) to this Form 4.
F5 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.30 to $0.35, 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 (5) to this Form 4.