TORTOROLI JACQUES 4/A
4/A · Charlotte's Web Holdings, Inc. · Filed Sep 15, 2023
Insider Transaction Report
Form 4/AAmended
TORTOROLI JACQUES
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2023-09-13−65,000→ 0 total→ Common Shares (65,000 underlying) - Exercise/Conversion
Common Shares
2023-09-13$0.35/sh+425,000$150,875→ 945,356 total - Exercise/Conversion
Common Shares
2023-09-13$0.35/sh+65,000$23,075→ 1,010,356 total - Exercise/Conversion
Common Shares
2023-09-13$0.35/sh+25,441$9,032→ 1,035,797 total - Exercise/Conversion
Restricted Stock Unit
2023-09-13−425,000→ 0 total→ Common Shares (425,000 underlying) - Tax Payment
Common Shares
2023-09-13$0.35/sh−148,190$52,607→ 887,607 total - Exercise/Conversion
Restricted Stock Unit
2023-09-13−25,441→ 0 total→ Common Shares (25,441 underlying)
Footnotes (4)
- [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. Due to separation as a board member and officer, accelerated vesting approved on 9/13/2023.
- [F3]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. Due to separation as a board member and officer, accelerated vesting approved on 9/13/2023.
- [F4]The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 4/1/2023. Due to separation as a board member and officer, accelerated vesting approved on 9/13/2023.