Lindsey Jensen - 01 Jul 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 Jul 2022
Transactions value $
$10,739
Form type
4
Filing time
06 Jul 2022, 09:03:24 UTC
Previous filing
24 Jun 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 $10,346 +21,929 +350% $0.4718 28,201 01 Jul 2022 Direct F1
transaction CWBHF Common Shares Tax liability -$2,897 -6,141 -21.8% $0.4718 22,060 01 Jul 2022 Direct
transaction CWBHF Common Shares Options Exercise $4,570 +9,687 +43.9% $0.4718 31,747 01 Jul 2022 Direct F1
transaction CWBHF Common Shares Tax liability -$1,279 -2,713 -8.55% $0.4718 29,034 01 Jul 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
transaction CWBHF Restricted Stock Unit Options Exercise $0 -21,929 -100% $0.000000* 0 01 Jul 2022 Common Shares 21,929 Direct F1, F2
transaction CWBHF Restricted Stock Unit Options Exercise $0 -9,687 -25% $0.000000 29,063 01 Jul 2022 Common Shares 9,687 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Lindsey Jensen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
F2 The restricted stock unit agreement provides that the restricted stock unit vests in 1 equal annual installment on 7/1/2022. The restricted share award was granted on 2/22/2022.
F3 The restricted stock unit agreement provides that the restricted stock unit vests in 4 equal quarterly installments beginning on 7/1/2022. The restricted share award was granted on 5/1/2022.