Stephen D. Rogers - 01 Feb 2024 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
SVP, GC & Corporate Secretary
Signature
/s/ Stephen D. Rogers
Issuer symbol
CWBHF
Transactions as of
01 Feb 2024
Net transactions value
-$3,990
Form type
4
Filing time
05 Feb 2024, 17:47:38 UTC
Previous filing
21 Nov 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 +25,000 +49% $0.000000 75,754 01 Feb 2024 Direct F1
transaction CWBHF Common Shares Options Exercise $0 +16,557 +22% $0.000000 92,311 01 Feb 2024 Direct F1
transaction CWBHF Common Shares Options Exercise $0 +21,806 +24% $0.000000 114,117 01 Feb 2024 Direct F1
transaction CWBHF Common Shares Tax liability $3,990 -21,581 -19% $0.1849 92,536 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 -25,000 -100% $0.000000* 0 01 Feb 2024 Common Shares 25,000 Direct F1, F2
transaction CWBHF Restricted Stock Unit Options Exercise $0 -16,557 -100% $0.000000* 0 01 Feb 2024 Common Shares 16,557 Direct F1, F3
transaction CWBHF Restricted Stock Unit Options Exercise $0 -21,806 -100% $0.000000* 0 01 Feb 2024 Common Shares 21,806 Direct F1, F4
* 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 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.
F3 The restricted stock unit agreement provides that the restricted stock units vest in 3 equal installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 11/19/2021. 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 4/1/2023. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.