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

Role
CFO
Signature
/s/ Clint J. Pete
Stock symbol
CTHR
Transactions as of
Nov 14, 2023
Transactions value $
$0
Form type
4
Date filed
11/16/2023, 07:08 PM
Previous filing
Oct 17, 2023
Next filing
Nov 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CTHR Common Stock 200K Nov 14, 2023 Direct
holding CTHR Common Stock 59.5K Nov 14, 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 +50K $0.00 50K Nov 14, 2023 Common Stock 50K $0.30 Direct F1
transaction CTHR Stock Option (Right to Buy) Award $0 +75K $0.00 75K Nov 14, 2023 Common Stock 75K $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").