SEC Form 4 · accession 0001209191-15-070270
CHARLES & COLVARD LTD · CTHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neal I Goldman
Director
Period of report
Sep 9, 2015
Accepted (ET)
Sep 11, 2015 · 8:23 am 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 | holding | — | — | — | 140,787 | D | ||
| Common Stock | holding | — | — | — | 70,000 | 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 | $1.23 | Sep 9, 2015 | A | 40,650 | A | Sep 1, 2016 | Sep 9, 2025 | common stock | 40,650 | 40,650 | 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.
- F2This non-qualified stock option was issued to Mr. Goldman in lieu of $50,000 of remaining annual retainer fees for 2015 pursuant to the Board of Directors Compensation Program for his service as the Company's Executive Chairman of the Board.