0001750155-24-000008.txt : 20240205
0001750155-24-000008.hdr.sgml : 20240205
20240205174636
ACCESSION NUMBER: 0001750155-24-000008
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240201
FILED AS OF DATE: 20240205
DATE AS OF CHANGE: 20240205
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Saxton Jessica
CENTRAL INDEX KEY: 0001959850
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-56364
FILM NUMBER: 24597098
MAIL ADDRESS:
STREET 1: 700 TECH COURT
CITY: LOUISVILLE
STATE: CO
ZIP: 80027
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Charlotte's Web Holdings, Inc.
CENTRAL INDEX KEY: 0001750155
STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100]
ORGANIZATION NAME: 08 Industrial Applications and Services
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
wk-form4_1707173169.xml
FORM 4
X0508
4
2024-02-01
0
0001750155
Charlotte's Web Holdings, Inc.
CWBHF
0001959850
Saxton Jessica
C/O CHARLOTTE'S WEB HOLDINGS, INC.
700 TECH COURT
LOUISVILLE
CO
80027
0
1
0
0
Chief Financial Officer
0
Common Shares
2024-02-01
4
M
0
178571
0
A
178571
D
Common Shares
2024-02-01
4
M
0
312500
0
A
491071
D
Common Shares
2024-02-01
4
F
0
167213
0.1849
D
323858
D
Restricted Stock Unit
2024-02-01
4
M
0
178571
0
D
Common Shares
178571
0
D
Restricted Stock Unit
2024-02-01
4
M
0
312500
0
D
Common Shares
312500
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 units vest over 2 years, with 50% of the award vesting on the first-year anniversary of the grant date and the remaining 50% of the award vesting on a quarterly basis over the second year. The restricted stock units were granted on 2/1/2023. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.
The restricted stock unit agreement provides that the restricted stock units vest in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock units were granted on 4/1/2023. The Company accelerated all of the Section 16 insiders' restricted stock units on 2/1/2024 other than the CEO's.
/s/ Stephen D. Rogers, Attorney in Fact for Jessica Saxton
2024-02-05