Raymond Kunkel - Oct 9, 2023 Form 3 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Chief Operating Officer
Signature
/s/ Stephen D. Rogers, Attorney in Fact for Raymond Kunkel
Stock symbol
CWBHF
Transactions as of
Oct 9, 2023
Transactions value $
$0
Form type
3
Date filed
10/13/2023, 04:48 PM
Next filing
Nov 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CWBHF Common Shares 25.1K Oct 9, 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
holding CWBHF Stock Option (right to buy) Oct 9, 2023 Common Shares 6.53K $4.70 Direct F1
holding CWBHF Restricted Stock Unit Oct 9, 2023 Common Shares 20.1K Direct F2, F3
holding CWBHF Restricted Stock Unit Oct 9, 2023 Common Shares 2.39K Direct F3, F4
holding CWBHF Restricted Stock Unit Oct 9, 2023 Common Shares 39.2K Direct F3, F5
holding CWBHF Restricted Stock Unit Oct 9, 2023 Common Shares 11.7K Direct F3, F6
holding CWBHF Restricted Stock Unit Oct 9, 2023 Common Shares 23.2K Direct F3, F7
holding CWBHF Stock Option (right to buy) Oct 9, 2023 Common Shares 52.5K $1.56 Direct F8
holding CWBHF Stock Option (right to buy) Oct 9, 2023 Common Shares 60.2K $0.32 Direct F9
* 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 03/26/2021. 3,352 options are currently vested.
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 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 03/26/2021 as 4,787 units, 2,394 units have already vested.
F5 The restricted stock unit agreement provides that the restricted stock unit vests in 1 installment on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 12/22/2022.
F6 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 02/11/2022 as 17,500 units, 5,833 units have already vested.
F7 The restricted stock unit agreement provides that the restricted stock unit vests in 1 installment on the second anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 11/19/2021.
F8 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 02/11/2022. 17,500 options are currently vested.
F9 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 04/01/2023.