Jared Stanley - 01 Jul 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: 01 Jul 2022
Net transactions value: +$8,939
Form type: 4
Filing time: 06 Jul 2022, 09:39:42 UTC
Previous filing: 29 Mar 2022
Next filing: 03 Aug 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	$12,415	+26,315	+42%	$0.4718	88,665	01 Jul 2022	Direct	F1
transaction	CWBHF	Common Shares	Tax liability	$3,477	-7,369	-8.3%	$0.4718	81,296	01 Jul 2022	Direct
holding	CWBHF	Common Shares						2,075,798	01 Jul 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 Stock Unit	Options Exercise	$0	-26,315	-100%	$0.000000^*	0	01 Jul 2022	Common Shares	26,315		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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	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 stock unit agreement provides that the restricted stock unit vests in 1 equal installment on 7/1/2022. The award was granted on 2/22/2022.