SEC Form 4 · accession 0001181431-15-004821
CHARLES & COLVARD LTD · CTHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H. Marvin Beasley
Officer — President and CEO · Director
Period of report
Mar 17, 2015
Accepted (ET)
Mar 18, 2015 · 4:03 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 stockF1 | Mar 17, 2015 | A | 100,000 | $0.00 | A | 232,054 | D |
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 | $1.20 | Mar 17, 2015 | A | 150,000 | A | Mar 17, 2015 | Mar 17, 2025 | common stock | 150,000 | 150,000 | D |
Explanation of responses
- F1Performance-based restricted stock will vest, subject to achievement of performance goals, on March 17, 2016.
- F2Option vests and becomes exercisable in three equal annual installments beginning on March 17, 2015.