Stephen D. Rogers - 19 Nov 2023 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role: SVP, GC & Corporate Secretary
Signature: /s/ Stephen D. Rogers
Issuer symbol: CWBHF
Transactions as of: 19 Nov 2023
Net transactions value: +$2,406
Form type: 4
Filing time: 21 Nov 2023, 17:44:57 UTC
Previous filing: 04 Apr 2023
Next filing: 05 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CWBHF	Common Shares	Options Exercise	$3,377	+16,556	+42%	$0.2040	55,516	19 Nov 2023	Direct	F1
transaction	CWBHF	Common Shares	Tax liability	$971	-4,762	-8.6%	$0.2040	50,754	19 Nov 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	Options Exercise	$0	-16,556	-50%	$0.000000	16,557	19 Nov 2023	Common Shares	16,556		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The 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 3 equal installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 11/19/2021.