Lindsey Jensen - 01 May 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
Issuer symbol: CWBHF
Transactions as of: 01 May 2022
Net transactions value: $0
Form type: 3
Filing time: 09 May 2022, 19:35:33 UTC
Next filing: 06 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CWBHF	Common Shares						6,272	01 May 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)							01 May 2022	Common Shares	9,442	$4.78	Direct	F1
holding	CWBHF	Stock Option (right to buy)							01 May 2022	Common Shares	9,604	$4.70	Direct	F2
holding	CWBHF	Stock Option (right to buy)							01 May 2022	Common Shares	52,500	$1.56	Direct	F3
holding	CWBHF	Restricted Stock Unit							01 May 2022	Common Shares	573		Direct	F4, F5
holding	CWBHF	Restricted Stock Unit							01 May 2022	Common Shares	17,500		Direct	F5, F6
holding	CWBHF	Restricted Stock Unit							01 May 2022	Common Shares	5,278		Direct	F5, F7
holding	CWBHF	Restricted Stock Unit							01 May 2022	Common Shares	21,929		Direct	F5, F8
holding	CWBHF	Restricted Stock Unit							01 May 2022	Common Shares	49,669		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.