Sarah Cambridge - Aug 28, 2023 Form 3 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Principal Accounting Officer
Signature
/s/ Stephen D. Rogers, Attorney in Fact for Sarah Cambridge
Stock symbol
CWBHF
Transactions as of
Aug 28, 2023
Transactions value $
$0
Form type
3
Date filed
9/1/2023, 02:50 PM
Next filing
Feb 5, 2024

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
holding CWBHF Stock Option (right to buy) Aug 28, 2023 Common Shares 40K $0.72 Direct F1
holding CWBHF Restricted Stock Unit Aug 28, 2023 Common Shares 13.8K Direct F2, F3
holding CWBHF Stock Option (right to buy) Aug 28, 2023 Common Shares 41.4K $0.32 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option agreement provides that the option becomes exercisable in 3 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 8/1/2022.
F2 The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 4/1/2023.
F3 Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
F4 The option agreement provides that the option becomes exercisable in 3 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 4/1/2023.