Andy De Gortari - 04 Jan 2022 Form 3 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Controller
Signature
/s/ Jason L. Langford Attorney in Fact for Andy de Gortari
Issuer symbol
CWBHF
Transactions as of
04 Jan 2022
Net transactions value
$0
Form type
3
Filing time
04 Jan 2022, 12:26:55 UTC
Next filing
14 Feb 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 0 04 Jan 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) 04 Jan 2022 Common Shares 9,739 $3.57 Direct F1
holding CWBHF Restricted Share Award 04 Jan 2022 Common Shares 7,003 Direct F2, F4
holding CWBHF Restricted Share Award 04 Jan 2022 Common Shares 49,669 Direct F3, F4
* 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 4 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 7/1/2021.
F2 The restricted share award agreement provides that the restricted share award vests in 4 equal installments beginning on the first anniversary of the restricted share award's grant date. The restricted share award was granted on 7/1/2021.
F3 The restricted share award agreement provides that the restricted share award vests in full on the second anniversary of the restricted share award's grant date. The restricted share award was granted on 11/19/2021.
F4 Each restricted share award represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney