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

Signature
/s/ Stephen D. Rogers, Attorney in Fact for William Morachnick
Issuer symbol
CWBHF
Transactions as of
13 Sep 2023
Net transactions value
+$118,134
Form type
4
Filing time
15 Sep 2023, 17:37:51 UTC
Next filing
13 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBHF Common Shares Award $177,500 +500,000 $0.3550 500,000 13 Sep 2023 Direct F1
transaction CWBHF Common Shares Tax liability $59,366 -167,229 -33% $0.3550 332,771 13 Sep 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 +500,000 $0.000000* 0 13 Sep 2023 Common Shares 500,000 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.