Jean Birch - 06 Dec 2022 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Director
Signature
/s/ Stephen D. Rogers, Attorney in Fact for Jean Birch
Issuer symbol
CWBHF
Transactions as of
06 Dec 2022
Net transactions value
+$101,983
Form type
4
Filing time
08 Dec 2022, 15:09:21 UTC
Previous filing
24 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBHF Common Shares Options Exercise $101,983 +163,043 +344% $0.6255 210,385 06 Dec 2022 Direct F1

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 -163,043 -100% $0.000000* 0 06 Dec 2022 Common Shares 163,043 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jean Birch is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 award vests in 1 annual installment on 6/22/2023. The restricted stock unit was granted on 6/22/2022. Due to separation as a board member, accelerated vesting approved on 12/6/2022.