JACQUES TORTOROLI - 11 Feb 2023 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
11 Feb 2023
Net transactions value
+$11,578
Form type
4
Filing time
14 Feb 2023, 18:33:05 UTC
Previous filing
04 Jan 2023
Next filing
04 Apr 2023
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 $16,250 +32,500 +6.5% $0.5000 529,700 11 Feb 2023 Direct F1
transaction CWBHF Common Shares Tax liability $4,672 -9,344 -1.8% $0.5000 520,356 11 Feb 2023 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 -32,500 -33% $0.000000 65,000 11 Feb 2023 Common Shares 32,500 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 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 2/11/2022.