JACQUES TORTOROLI - 02 Aug 2022 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Chief Executive Officer, Director
Signature
/s/ Stephen D. Rogers, Attorney in Fact for Jacques Tortoroli
Issuer symbol
CWBHF
Transactions as of
02 Aug 2022
Net transactions value
$0
Form type
4
Filing time
04 Aug 2022, 16:13:56 UTC
Previous filing
21 Jun 2022
Next filing
19 Sep 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 Restricted Stock Unit Award $0 +850,000 $0.000000 850,000 02 Aug 2022 Common Shares 850,000 Direct F1, F2
* 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 The restricted stock unit agreement provides that the restricted stock unit vests in 2 equal annual installments beginning on 12/31/2022. The restricted stock unit was granted on 8/2/2022.