JOHN D. HELD - 22 Jun 2023 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role: Director
Signature: /s/ Stephen D. Rogers, Attorney in Fact for John Held
Issuer symbol: CWBHF
Transactions as of: 22 Jun 2023
Net transactions value: +$32,633
Form type: 4
Filing time: 23 Jun 2023, 11:28:40 UTC
Previous filing: 24 Jun 2022
Next filing: 05 Jul 2023
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	$32,633	+184,782	+287%	$0.1766	249,274	22 Jun 2023	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	-184,782	-100%	$0.000000^*	0	22 Jun 2023	Common Shares	184,782		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 full on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 6/22/2022.