Jacques Tortoroli - 13 Sep 2023 Form 4/A - Amendment Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4/A - Amendment
Accepted by SEC
15 Sep 2023, 17:41:16 UTC
Original report date
15 Sep 2023
Prior SEC filing
04 Apr 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Stephen D. Rogers, Attorney in Fact for Jacques Tortoroli

Key filing fact

Jacques Tortoroli filed Form 4/A - Amendment for Charlotte's Web Holdings, Inc. (CWBHF) on 15 Sep 2023.

Key facts

  • This page summarizes Jacques Tortoroli's Form 4/A - Amendment filing for Charlotte's Web Holdings, Inc. (CWBHF).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 15 Sep 2023, 17:41.

Change

  • Previous filing in this sequence was filed on 04 Apr 2023.
  • Current net transaction value: +$130,374.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CWBHF transaction

Common Shares

Options Exercise

Transaction value
$150,875
Shares
+425,000
Change %
+82%
Price
$0.3550
Shares after
945,356
Date
13 Sep 2023
Ownership
Direct
Footnotes
F1
CWBHF transaction

Common Shares

Options Exercise

Transaction value
$23,075
Shares
+65,000
Change %
+6.9%
Price
$0.3550
Shares after
1,010,356
Date
13 Sep 2023
Ownership
Direct
Footnotes
F1
CWBHF transaction

Common Shares

Options Exercise

Transaction value
$9,032
Shares
+25,441
Change %
+2.5%
Price
$0.3550
Shares after
1,035,797
Date
13 Sep 2023
Ownership
Direct
Footnotes
F1
CWBHF transaction

Common Shares

Tax liability

Transaction value
$52,607
Shares
-148,190
Change %
-14%
Price
$0.3550
Shares after
887,607
Date
13 Sep 2023
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CWBHF transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-425,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
13 Sep 2023
Ownership
Direct
Underlying class
Common Shares
Underlying amount
425,000
Exercise price
Footnotes
F1, F2
CWBHF transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-65,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
13 Sep 2023
Ownership
Direct
Underlying class
Common Shares
Underlying amount
65,000
Exercise price
Footnotes
F1, F3
CWBHF transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-25,441
Change %
-100%
Price
$0.000000*
Shares after
0
Date
13 Sep 2023
Ownership
Direct
Underlying class
Common Shares
Underlying amount
25,441
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jacques Tortoroli is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.

Footnote F2

The restricted stock unit agreement provides that the restricted stock unit vests in 2 equal annual installments beginning on 12/31/2022. The restricted stock unit was granted on 8/2/2022. Due to separation as a board member and officer, accelerated vesting approved on 9/13/2023.

Footnote F3

The restricted share award agreement provides that the restricted share award vests in 3 equal annual installments beginning on the first anniversary of the restricted share award's grant date. The restricted share award was granted on 2/11/2022. Due to separation as a board member and officer, accelerated vesting approved on 9/13/2023.

Footnote F4

The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 4/1/2023. Due to separation as a board member and officer, accelerated vesting approved on 9/13/2023.

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