Lindsey Jensen - 01 May 2022 Form 4 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
Transactions value $
$0
Form type
4
Filing time
09 May 2022, 19:49:12 UTC
Next filing
06 Jul 2022
SEC
View on sec.gov

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 Stock Option (right to buy) Award $0 +116,250 $0 116,250 01 May 2022 Common Shares 116,250 $0.88 Direct F1
holding CWBHF Restricted Stock Unit 0 01 May 2022 Common Shares 38,750 Direct F2, F3
* 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 quarterly installments beginning on 7/1/2022. The option was granted on 5/1/2022.
F2 Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
F3 The restricted share unit agreement provides that the restricted share unit vests in 4 equal quarterly installments beginning on 7/1/2022. The restricted share unit was granted on 5/1/2022.