William Morachnick - Mar 31, 2024 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
Stock symbol
CWBHF
Transactions as of
Mar 31, 2024
Transactions value $
-$21,563
Form type
4
Date filed
4/2/2024, 12:32 PM
Previous filing
Jan 3, 2024
Next filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBHF Common Shares Options Exercise $0 +375K +64.65% $0.00 955K Mar 31, 2024 Direct F1
transaction CWBHF Common Shares Tax liability -$21.6K -108K -11.29% $0.20 847K Mar 31, 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 -375K -9.09% $0.00 3.75M Mar 31, 2024 Common Shares 375K 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.