Lindsey Jensen - May 1, 2022 Form 3 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Chief Financial Officer
Signature
/s/ Stephen D. Rogers, Attorney-in-Fact for Lindsey Jensen
Stock symbol
CWBHF
Transactions as of
May 1, 2022
Transactions value $
$0
Form type
3
Date filed
5/9/2022, 07:35 PM
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CWBHF Common Shares 6.27K May 1, 2022 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) May 1, 2022 Common Shares 9.44K $4.78 Direct F1
holding CWBHF Stock Option (right to buy) May 1, 2022 Common Shares 9.6K $4.70 Direct F2
holding CWBHF Stock Option (right to buy) May 1, 2022 Common Shares 52.5K $1.56 Direct F3
holding CWBHF Restricted Stock Unit May 1, 2022 Common Shares 573 Direct F4, F5
holding CWBHF Restricted Stock Unit May 1, 2022 Common Shares 17.5K Direct F5, F6
holding CWBHF Restricted Stock Unit May 1, 2022 Common Shares 5.28K Direct F5, F7
holding CWBHF Restricted Stock Unit May 1, 2022 Common Shares 21.9K Direct F5, F8
holding CWBHF Restricted Stock Unit May 1, 2022 Common Shares 49.7K Direct F5, 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 3/26/2020.
F2 The option agreement provides that the option becomes exercisable in 4 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 3/26/2021.
F3 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 2/11/2022.
F4 The restricted share unit agreement provides that the restricted share unit vests in 3 equal annual installments beginning on the first anniversary of the restricted share unit's grant date. The restricted share unit was granted on 3/26/2020.
F5 Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
F6 The restricted share unit agreement provides that the restricted share unit vests in 3 equal annual installments beginning on the first anniversary of the restricted share unit's grant date. The restricted share unit was granted on 2/11/2022.
F7 The restricted share unit agreement provides that the restricted share unit vests in 4 equal annual installments beginning on the first anniversary of the restricted share unit's grant date. The restricted share unit was granted on 3/26/2021.
F8 The restricted share unit agreement provides that the restricted share unit vests in 1 equal annual installment on 7/1/2022. The restricted share unit was granted on 2/22/2022.
F9 The restricted share unit agreement provides that the restricted share unit vests in 1 equal annual installment beginning on the second anniversary of the restricted share unit's grant date. The restricted share unit was granted on 11/19/2021.