Jared Stanley - 26 Mar 2022 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Chief Cultivation & Inov. Ofc.
Signature
/s/ Stephen D. Rogers, Attorney-in-Fact for Jared Stanley
Issuer symbol
CWBHF
Transactions as of
26 Mar 2022
Net transactions value
+$7,889
Form type
4
Filing time
29 Mar 2022, 16:51:56 UTC
Previous filing
24 Feb 2022
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
transaction CWBHF Common Shares Options Exercise $8,039 +6,483 +12% $1.24 62,471 26 Mar 2022 Direct F1
transaction CWBHF Common Shares Options Exercise $3,953 +3,188 +5.1% $1.24 65,659 26 Mar 2022 Direct F1
transaction CWBHF Common Shares Tax liability $2,750 -2,218 -3.4% $1.24 63,441 26 Mar 2022 Direct
transaction CWBHF Common Shares Tax liability $1,353 -1,091 -1.7% $1.24 62,350 26 Mar 2022 Direct
holding CWBHF Common Shares 2,075,798 26 Mar 2022 By CK&J Irrevocable Trust F2

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 Share Award Options Exercise $0 -6,483 -25% $0.000000 19,448 26 Mar 2022 Common Shares 6,483 Direct F1, F3
transaction CWBHF Restricted Share Award Options Exercise $0 -3,188 -33% $0.000000 6,375 26 Mar 2022 Common Shares 3,188 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share award represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
F2 As Trustee of the CK&J Irrevocable Trust (the "Trust"). The reporting person and members of his immediate family are among the beneficiaries. The reporting person disclaims beneficial ownership of the Common Shares held by the Trust except to the extent of his pecuniary interest.
F3 The restricted share award agreement provides that the restricted share award vests in 4 equal annual installments beginning on the first anniversary of the restricted share award's grant date. The restricted share award was granted on 3/26/2021.
F4 The restricted share award agreement provides that the restricted share award vests in 4 equal annual installments beginning on the first anniversary of the restricted share award's grant date. The restricted share award was granted on 3/26/2020