Filing Details

Accession Number:
0001104659-24-026033
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-21 16:16:12
Reporting Period:
2024-02-16
Accepted Time:
2024-02-21 16:16:12
SEC Url:
Form 4 Filing
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 170 Southport Drive
Morrisville NC 27560
Yes No No No
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 2024-02-16 125,000 $0.37 1,736,898 No 4 P Indirect By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 250,221 Indirect By SEP IRA
Common Stock 95,358 Indirect By ROTH IRA
Common Stock 153,800 Indirect By IRA
Common Stock 135,587 Indirect By spouse
Common Stock 736,421 Direct
Footnotes
  1. 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.
  2. 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.