SEC Form 4 · accession 0001144204-17-031115
CHARLES & COLVARD LTD · CTHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neal I Goldman
Director
Period of report
May 17, 2017
Accepted (ET)
Jun 5, 2017 · 8:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001015155
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 2, 2017 | P | 17,616 | $0.9392 | A | 235,023 | D | |
| Common Stock | Jun 5, 2017 | P | 32,384 | $0.979 | A | 267,407 | D | |
| Common Stock | holding | — | — | — | 120,000 | I | By Neal Goldman IRA | |
| Common StockF1 | holding | — | — | — | 250,000 | I | By Goldman Partners, LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $0.90 | May 17, 2017 | A | 61,111 | A | May 16, 2018 | May 17, 2027 | Common stock | 61,111 | 61,111 | D |
Explanation of responses
- F1Mr. Goldman is a partner with Goldman Partners, LP. Mr. Goldman disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F2Option vests and becomes exercisable on the date of the 2018 Annual Shareholders' Meeting.