Ollin B. Sykes - Feb 16, 2024 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: Feb 16, 2024
Transactions value $: $46,738
Form type: 4
Date filed: 2/21/2024, 04:16 PM
Previous filing: Dec 18, 2023
Next filing: Feb 26, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTHR	Common Stock	Purchase	$46.7K	+125K	+7.75%	$0.37	1.74M	Feb 16, 2024	By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985	F1, F2
holding	CTHR	Common Stock						250K	Feb 16, 2024	By SEP IRA
holding	CTHR	Common Stock						95.4K	Feb 16, 2024	By ROTH IRA
holding	CTHR	Common Stock						154K	Feb 16, 2024	By IRA
holding	CTHR	Common Stock						136K	Feb 16, 2024	By spouse
holding	CTHR	Common Stock						736K	Feb 16, 2024	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 500,000 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 $0.3699 to $0.3799, 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 500,000 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 $0.3699 to $0.3799, 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.