William J. Morachnick - 12 Oct 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
Issuer symbol
CWBHF
Transactions as of
12 Oct 2023
Net transactions value
$0
Form type
4
Filing time
13 Oct 2023, 14:30:49 UTC
Previous filing
15 Sep 2023
Next filing
03 Jan 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
transaction CWBHF Restricted Stock Unit Award $0 +4,500,000 $0.000000 4,500,000 12 Oct 2023 Common Shares 4,500,000 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 vests in equal quarterly installments beginning on 12/31/2023. The restricted stock unit was granted on 10/12/2023.