0001750155-23-000069.txt : 20230915 0001750155-23-000069.hdr.sgml : 20230915 20230915092215 ACCESSION NUMBER: 0001750155-23-000069 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230913 FILED AS OF DATE: 20230915 DATE AS OF CHANGE: 20230915 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TORTOROLI JACQUES CENTRAL INDEX KEY: 0001088509 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56364 FILM NUMBER: 231256835 MAIL ADDRESS: STREET 1: C/O CHARLOTTE'S WEB HOLDINGS, INC. STREET 2: 1801 CALIFORNIA STREET, SUITE 4800 CITY: DENVER STATE: CO ZIP: 80202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Charlotte's Web Holdings, Inc. CENTRAL INDEX KEY: 0001750155 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100] IRS NUMBER: 981508633 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 700 TECH COURT CITY: LOUISVILLE STATE: CO ZIP: 80027 BUSINESS PHONE: 1-720-617-7303 MAIL ADDRESS: STREET 1: 700 TECH COURT CITY: LOUISVILLE STATE: CO ZIP: 80027 4 1 wf-form4_169478412263256.xml FORM 4 X0508 4 2023-09-13 1 0001750155 Charlotte's Web Holdings, Inc. CWBHF 0001088509 TORTOROLI JACQUES C/O CHARLOTTE'S WEB HOLDINGS, INC. 700 TECH COURT LOUISVILLE CO 80027 1 1 0 0 Chief Executive Officer 0 Common Shares 2023-09-13 4 M 0 425000 0.355 A 945356 D Common Shares 2023-09-13 4 M 0 65000 0.355 A 1010356 D Common Shares 2023-09-13 4 M 0 25441 0.355 A 1035797 D Restricted Stock Unit 2023-09-13 4 M 0 425000 0 D Common Shares 425000.0 0 D Restricted Stock Unit 2023-09-13 4 M 0 65000 0 D Common Shares 65000.0 0 D Restricted Stock Unit 2023-09-13 4 M 0 25441 0 D Common Shares 25441.0 0 D Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc. 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. 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. 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. /s/ Stephen D. Rogers, Attorney in Fact for Jacques Tortoroli 2023-09-14