Jacques Tortoroli - Jun 16, 2022 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Chief Executive Officer, Director
Signature
/s/ Stephen D. Rogers, Attorney in Fact for Jacques Tortoroli
Stock symbol
CWBHF
Transactions as of
Jun 16, 2022
Transactions value $
$19,108
Form type
4
Date filed
6/21/2022, 09:41 AM
Previous filing
Jun 13, 2022
Next filing
Aug 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBHF Common Shares Options Exercise $26.9K +62.5K +81.42% $0.43 139K Jun 16, 2022 Direct F1
transaction CWBHF Common Shares Tax liability -$7.77K -18.1K -12.97% $0.43 121K Jun 16, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CWBHF Restricted Stock Unit Options Exercise $0 +62.5K +33.33% $0.00 250K Jun 16, 2022 Common Shares 62.5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
F2 The restricted stock unit agreement provides that the restricted stock unit vests in 4 equal installments every three months beginning three months after the grant date. The restricted stock unit was granted on 12/16/2021.