Sarah Cambridge - 28 Aug 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
Issuer symbol
CWBHF
Transactions as of
28 Aug 2023
Net transactions value
$0
Form type
3
Filing time
01 Sep 2023, 14:50:46 UTC
Next filing
05 Feb 2024
SEC
View on sec.gov

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) 28 Aug 2023 Common Shares 40,000 $0.7200 Direct F1
holding CWBHF Restricted Stock Unit 28 Aug 2023 Common Shares 13,811 Direct F2, F3
holding CWBHF Stock Option (right to buy) 28 Aug 2023 Common Shares 41,432 $0.3200 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.