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

Role
Director
Signature
/s/ Stephen D. Rogers, Attorney-in-Fact for Thomas Lardieri
Stock symbol
CWBHF
Transactions as of
Feb 1, 2024
Transactions value $
$0
Form type
4
Date filed
2/5/2024, 05:50 PM
Previous filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBHF Common Shares Options Exercise $0 +441K +394.08% $0.00 553K Feb 1, 2024 Direct F1

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 -441K -100% $0.00* 0 Feb 1, 2024 Common Shares 441K 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 units vest in 1 installment on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 7/1/2023. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.