Jared Stanley - 26 Mar 2023 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role: Chief Operating Officer
Signature: /s/ Stephen D. Rogers, Attorney-in-Fact for Jared Stanley
Issuer symbol: CWBHF
Transactions as of: 26 Mar 2023
Net transactions value: +$1,977
Form type: 4
Filing time: 28 Mar 2023, 17:15:59 UTC
Previous filing: 28 Mar 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	$988	+3,187	+3.3%	$0.3100	99,113	26 Mar 2023	Direct	F1
transaction	CWBHF	Common Shares	Options Exercise	$2,010	+6,483	+6.5%	$0.3100	105,596	26 Mar 2023	Direct	F1
transaction	CWBHF	Common Shares	Tax liability	$684	-2,207	-2.1%	$0.3100	103,389	26 Mar 2023	Direct
transaction	CWBHF	Common Shares	Tax liability	$336	-1,084	-1%	$0.3100	102,305	26 Mar 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	-3,187	-50%	$0.000000	3,188	26 Mar 2023	Common Shares	3,187		Direct	F1, F2
transaction	CWBHF	Restricted Stock Unit	Options Exercise	$0	-6,483	-33%	$0.000000	12,965	26 Mar 2023	Common Shares	6,483		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	The restricted stock unit agreement provides that the restricted stock unit vests in 4 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 3/26/2020
F3	The restricted stock unit agreement provides that the restricted stock unit vests in 4 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 3/26/2021.