Lindsey Jensen - Jul 1, 2022 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Role
Chief Financial Officer
Signature
/s/ Stephen D. Rogers, Attorney-in-Fact for Lindsey Jensen
Stock symbol
CWBHF
Transactions as of
Jul 1, 2022
Transactions value $
$10,739
Form type
4
Date filed
7/6/2022, 09:03 AM
Previous filing
Jun 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBHF Common Shares Options Exercise $10.3K +21.9K +349.63% $0.47 28.2K Jul 1, 2022 Direct F1
transaction CWBHF Common Shares Tax liability -$2.9K -6.14K -21.78% $0.47 22.1K Jul 1, 2022 Direct
transaction CWBHF Common Shares Options Exercise $4.57K +9.69K +43.91% $0.47 31.7K Jul 1, 2022 Direct F1
transaction CWBHF Common Shares Tax liability -$1.28K -2.71K -8.55% $0.47 29K Jul 1, 2022 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 -21.9K -100% $0.00* 0 Jul 1, 2022 Common Shares 21.9K Direct F1, F2
transaction CWBHF Restricted Stock Unit Options Exercise $0 -9.69K -25% $0.00 29.1K Jul 1, 2022 Common Shares 9.69K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Lindsey Jensen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 1 equal annual installment on 7/1/2022. The restricted share award was granted on 2/22/2022.
F3 The restricted stock unit agreement provides that the restricted stock unit vests in 4 equal quarterly installments beginning on 7/1/2022. The restricted share award was granted on 5/1/2022.