SEC Form 4 · accession 0001209191-15-082832
CHARLES & COLVARD LTD · CTHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suzanne Miglucci
Officer — President and CEO · Director
Period of report
Dec 1, 2015
Accepted (ET)
Dec 2, 2015 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001015155
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $1.21 | Dec 1, 2015 | A | 300,000 | A | Dec 1, 2015 | Dec 1, 2025 | common stock | 300,000 | 300,000 | D |
Explanation of responses
- F1Option vests and becomes exercisable over a two-year period in accordance with the following vesting schedule: 50% of the option vests on the date of grant and an additional 25% vests on each of the following two anniversaries.