William Morachnick - Sep 13, 2023 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role: Chief Executive Officer, Director
Signature: /s/ Stephen D. Rogers, Attorney in Fact for William Morachnick
Stock symbol: CWBHF
Transactions as of: Sep 13, 2023
Transactions value $: $118,134
Form type: 4
Date filed: 9/15/2023, 05:37 PM
Next filing: Oct 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CWBHF	Common Shares	Award	$178K	+500K		$0.36	500K	Sep 13, 2023	Direct	F1
transaction	CWBHF	Common Shares	Tax liability	-$59.4K	-167K	-33.45%	$0.36	333K	Sep 13, 2023	Direct

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	Award	$0	+500K		$0.00^*	0	Sep 13, 2023	Common Shares	500K		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 award vests immediately in full on 9/13/2023.