TORTOROLI JACQUES 4
4 · Charlotte's Web Holdings, Inc. · Filed Jan 4, 2023
Insider Transaction Report
Form 4
TORTOROLI JACQUES
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Shares
2022-12-31$0.52/sh+425,000$220,278→ 635,078 total - Exercise/Conversion
Restricted Stock Unit
2022-12-31−425,000→ 425,000 total→ Common Shares (425,000 underlying) - Tax Payment
Common Shares
2022-12-31$0.52/sh−137,878$71,462→ 497,200 total
Footnotes (2)
- [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 2 equal annual installments beginning on 12/31/2022. The restricted stock unit was granted on 8/2/2022.