Jared Stanley - Jul 1, 2022 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Chief Cultivation & Inov. Ofc.
Signature
/s/ Stephen D. Rogers, Attorney-in-Fact for Jared Stanley
Stock symbol
CWBHF
Transactions as of
Jul 1, 2022
Transactions value $
$8,939
Form type
4
Date filed
7/6/2022, 09:39 AM
Previous filing
Mar 29, 2022
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBHF Common Shares Options Exercise $12.4K +26.3K +42.21% $0.47 88.7K Jul 1, 2022 Direct F1
transaction CWBHF Common Shares Tax liability -$3.48K -7.37K -8.31% $0.47 81.3K Jul 1, 2022 Direct
holding CWBHF Common Shares 2.08M Jul 1, 2022 By CK&J Irrevocable Trust F2

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 -26.3K -100% $0.00* 0 Jul 1, 2022 Common Shares 26.3K Direct F1, F3
* 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 As Trustee of the CK&J Irrevocable Trust (the "Trust"). The reporting person and members of his immediate family are among the beneficiaries. The reporting person disclaims beneficial ownership of the Common Shares held by the Trust except to the extent of his pecuniary interest.
F3 The restricted stock unit agreement provides that the restricted stock unit vests in 1 equal installment on 7/1/2022. The award was granted on 2/22/2022.