Jean Birch - Dec 6, 2022 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Director
Signature
/s/ Stephen D. Rogers, Attorney in Fact for Jean Birch
Stock symbol
CWBHF
Transactions as of
Dec 6, 2022
Transactions value $
$101,983
Form type
4
Date filed
12/8/2022, 03:09 PM
Previous filing
Jun 24, 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 $102K +163K +344.39% $0.63 210K Dec 6, 2022 Direct F1

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 -163K -100% $0.00* 0 Dec 6, 2022 Common Shares 163K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jean Birch 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 award vests in 1 annual installment on 6/22/2023. The restricted stock unit was granted on 6/22/2022. Due to separation as a board member, accelerated vesting approved on 12/6/2022.