Jared Stanley - Feb 1, 2024 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Chief Operating Officer
Signature
/s/ Stephen D. Rogers, Attorney-in-Fact for Jared Stanley
Stock symbol
CWBHF
Transactions as of
Feb 1, 2024
Transactions value $
-$4,867
Form type
4
Date filed
2/5/2024, 05:44 PM
Previous filing
Apr 4, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBHF Common Shares Options Exercise $0 +3.19K +3.12% $0.00 105K Feb 1, 2024 Direct F1
transaction CWBHF Common Shares Options Exercise $0 +13K +12.29% $0.00 118K Feb 1, 2024 Direct F1
transaction CWBHF Common Shares Options Exercise $0 +37.5K +31.66% $0.00 156K Feb 1, 2024 Direct F1
transaction CWBHF Common Shares Options Exercise $0 +23.6K +15.15% $0.00 180K Feb 1, 2024 Direct F1
transaction CWBHF Common Shares Tax liability -$4.87K -26.3K -14.66% $0.18 153K Feb 1, 2024 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 -3.19K -100% $0.00* 0 Feb 1, 2024 Common Shares 3.19K Direct F1, F2
transaction CWBHF Restricted Stock Unit Options Exercise $0 -13K -100% $0.00* 0 Feb 1, 2024 Common Shares 13K Direct F1, F3
transaction CWBHF Restricted Stock Unit Options Exercise $0 -37.5K -100% $0.00* 0 Feb 1, 2024 Common Shares 37.5K Direct F1, F4
transaction CWBHF Restricted Stock Unit Options Exercise $0 -23.6K -100% $0.00* 0 Feb 1, 2024 Common Shares 23.6K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share award 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 units vest in 4 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 3/26/2020. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.
F3 The restricted stock unit agreement provides that the restricted stock units vest in 4 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 3/26/2021. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.
F4 The restricted stock unit agreement provides that the restricted stock units vest in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 2/11/2022. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.
F5 The restricted stock unit agreement provides that the restricted stock units vest in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 4/1/2023. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.