Jared Stanley - 01 Feb 2024 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
01 Feb 2024
Transactions value $
-$4,867
Form type
4
Filing time
05 Feb 2024, 17:44:51 UTC
Previous filing
04 Apr 2023
Next filing
03 Apr 2024
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 $0 +3,188 +3.1% $0 105,493 01 Feb 2024 Direct F1
transaction CWBHF Common Shares Options Exercise $0 +12,965 +12% $0 118,458 01 Feb 2024 Direct F1
transaction CWBHF Common Shares Options Exercise $0 +37,500 +32% $0 155,958 01 Feb 2024 Direct F1
transaction CWBHF Common Shares Options Exercise $0 +23,624 +15% $0 179,582 01 Feb 2024 Direct F1
transaction CWBHF Common Shares Tax liability -$4,867 -26,323 -15% $0.1849 153,259 01 Feb 2024 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 -3,188 -100% $0* 0 01 Feb 2024 Common Shares 3,188 Direct F1, F2
transaction CWBHF Restricted Stock Unit Options Exercise $0 -12,965 -100% $0* 0 01 Feb 2024 Common Shares 12,965 Direct F1, F3
transaction CWBHF Restricted Stock Unit Options Exercise $0 -37,500 -100% $0* 0 01 Feb 2024 Common Shares 37,500 Direct F1, F4
transaction CWBHF Restricted Stock Unit Options Exercise $0 -23,624 -100% $0* 0 01 Feb 2024 Common Shares 23,624 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share award 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 units vest in 4 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 3/26/2020. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.
F3 The restricted stock unit agreement provides that the restricted stock units vest in 4 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 3/26/2021. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.
F4 The restricted stock unit agreement provides that the restricted stock units vest in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 2/11/2022. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.
F5 The restricted stock unit agreement provides that the restricted stock units vest in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 4/1/2023. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.