Saxton Jessica 4
4 · Charlotte's Web Holdings, Inc. · Filed Apr 4, 2023
Insider Transaction Report
Form 4
Saxton Jessica
CFO and PAO
Transactions
- Award
Restricted Stock Unit
2023-04-01+312,500→ 312,500 total→ Common Shares (312,500 underlying) - Award
Stock Option (right to buy)
2023-04-01+937,500→ 937,500 totalExercise: $0.32Exp: 2033-04-01→ Common Shares (937,500 underlying)
Footnotes (3)
- [F1]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 4/1/2023.
- [F2]Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
- [F3]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.