Home > Insider Trading > Filing (0001181431-10-024559)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1015155	Charles & Colvard Ltd	CTHR	Jewelry, Silverware & Plated Ware (3910)	561928817

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1258861	B Ollin Sykes	C/O Charles &Amp; Colvard Ltd 300 Perimeter Park Dr., Ste A Morrisville NC 27560		Yes	No	No	No

Transaction Summary

Purchased:	6,925 shares	Avg. Price: $2.23	Total Value: $15,419.25
Number of Shares After Transactions:	5,580 shares

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-05-04	5,000	$2.21	781,251	No	4	P	Direct
Common Stock	Acquisiton	2010-05-03	1,900	$2.27	5,555	No	4	P	Indirect	By Sykes & Company Profit Sharing Plan and Trust
Common Stock	Acquisiton	2010-05-03	25	$2.25	5,580	No	4	P	Indirect	By Sykes & Company Profit Sharing Plan and Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	By Sykes & Company Profit Sharing Plan and Trust
No	4	P	Indirect	By Sykes & Company Profit Sharing Plan and Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	4,200	Indirect	By SEP IRA
Common Stock	4,787	Indirect	By spouse
Common Stock	918	Indirect	By Sykesco Investment Partners

Footnotes

Ollin Sykes is the trustee of this trust and holds a pecuniary interest in the trust. Mr. Sykes disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Mr. Sykes is a partner within this investment partnership and has shared voting and investment power over these shares.
These shares were acquired prior to Mr. Sykes becoming a director of the issuer and were erroneously reported as directly owned in Mr. Sykes' initial Form 3, Form 3/A, and all Form 4s. As a result, this filing contains the initial reporting of Mr. Sykes' indirect ownership of these shares.