Jessica Saxton - 01 Apr 2023 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

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	Stock Option (right to buy)	Award	$0	+937,500		$0	937,500	01 Apr 2023	Common Shares	937,500	$0.32	Direct	F1
transaction	CWBHF	Restricted Stock Unit	Award	$0	+312,500		$0	312,500	01 Apr 2023	Common Shares	312,500		Direct	F2, F3

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

Id	Content
F1	The option agreement provides that the option becomes exercisable in 3 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 4/1/2023.
F2	Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
F3	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 4/1/2023.