De Gortari Andy 4
4 · Charlotte's Web Holdings, Inc. · Filed Feb 14, 2022
Insider Transaction Report
Form 4
De Gortari Andy
Controller
Transactions
- Award
Stock Option (right to buy)
2022-02-11+131,250→ 131,250 totalExercise: $1.56Exp: 2032-02-11→ Common Shares (131,250 underlying) - Award
Restricted Share Award
2022-02-11$1.56/sh+43,750$68,250→ 43,750 total→ Common Shares (43,750 underlying)
Footnotes (3)
- [F1]Each restricted share award represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
- [F2]The restricted share award agreement provides that the restricted share award vests in 3 equal annual installments beginning on the first anniversary of the restricted share award's grant date. The restricted share award was granted on 2/11/2022.
- [F3]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 2/11/2022.