Miglucci Suzanne 4
4 · CHARLES & COLVARD LTD · Filed Feb 1, 2018
Insider Transaction Report
Form 4
Miglucci Suzanne
Director
Transactions
- Disposition to Issuer
Common Stock
2018-01-30−58,125→ 244,375 total - Award
Common Stock
2018-01-30+52,500→ 296,875 total
Footnotes (2)
- [F1]Represents cancellation of 58,125 shares of performance-based restricted stock originally granted on February 23, 2017. This equity award was modified on January 30, 2018 to reflect 75% achievement of 2017 shared performance goals, resulting in a portion of these shares being cancelled. In addition, a portion of these shares was forfeited in connection with the restructuring of the award from 100% restricted stock to 70% restricted stock and 30% cash.
- [F2]Performance-based restricted stock will vest, subject to achievement of performance goals, on July 31, 2018.