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

Signature
/s/ Stephen D. Rogers, Attorney in Fact for Jacques Tortoroli
Stock symbol
CWBHF
Transactions as of
Sep 16, 2022
Transactions value $
$19,996
Form type
4
Date filed
9/19/2022, 04:14 PM
Previous filing
Aug 4, 2022
Next filing
Dec 20, 2022

Transactions Table

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 -50% $0.00 62.5K Sep 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 award 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.