0001104659-22-004308.txt : 20220114 0001104659-22-004308.hdr.sgml : 20220114 20220114122643 ACCESSION NUMBER: 0001104659-22-004308 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220104 FILED AS OF DATE: 20220114 DATE AS OF CHANGE: 20220114 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stanley Jared CENTRAL INDEX KEY: 0001903220 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56364 FILM NUMBER: 22531087 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: 1801 CALIFORNIA STREET STREET 2: SUITE 4800 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 1-720-617-7303 MAIL ADDRESS: STREET 1: 1801 CALIFORNIA STREET STREET 2: SUITE 4800 CITY: DENVER STATE: CO ZIP: 80202 3 1 tm222867-1_3seq1.xml OWNERSHIP DOCUMENT X0206 3 2022-01-04 0 0001750155 Charlotte's Web Holdings, Inc. CWBHF 0001903220 Stanley Jared 1801 CALIFORNIA STREET, SUITE 4800 DENVER CO 80202 0 1 0 0 Chief Cultivation & Inov. Ofc. Common Shares 55988 D Common Shares 2075798 I By CK&J Irrevocable Trust Stock Option (right to buy) 4.70 2031-03-26 Common Shares 35386 D Stock Option (right to buy) 4.78 2030-03-26 Common Shares 52608 D Restricted Share Award Common Shares 25931 D Restricted Share Award Common Shares 9563 D As Trustee of the CK&J Irrevocable Trust (the "Trust"). The reporting person and members of his immediate family are among the beneficiaries. The reporting person disclaims beneficial ownership of the Common Shares held by the Trust except to the extent of his pecuniary interest. The option agreement provides that the option becomes exercisable in 4 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 3/26/2021. The option agreement provides that the option becomes exercisable in 4 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 3/26/2020. The restricted share award agreement provides that the restricted share award vests in 4 equal annual installments beginning on the first anniversary of the restricted share award's grant date. The restricted share award was granted on 3/26/2021. The restricted share award agreement provides that the restricted share award vests in 4 equal annual installments beginning on the first anniversary of the restricted share award's grant date. The restricted share award was granted on 3/26/2020 Each restricted share award represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc. Exhibit List Exhibit 24 - Power of Attorney /s/ Jason L. Langford, Attorney-in-Fact for Jared Stanley 2022-01-14 EX-24 2 tm222867d1_ex24.htm EXHIBIT 24

Exhibit 24

POWER OF ATTORNEY

KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and appoints Jason L. Langford and Nicole A. Edmonds with full power to act as the undersigned’s true and lawful attorneys-in-fact, with full power of substitution, to:

execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director and/or beneficial owner of Charlotte’s Web Holdings, Inc. (the “Company”), the Form ID Application, and Update Passphrase, and any of Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules thereunder;

do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form ID Application, Update Passphrase, and any of Forms 3, 4 and 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

The undersigned hereby grants to the attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact or such attorney-in-fact's substitute or substitutes shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.

This power of attorney shall remain in full force and effect until revoked by the undersigned in a signed writing delivered to the attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 29th day of December, 2021.

	/s/ Jared Stanley

	Jared Stanley
	Chief Cultivation and Innovation Officer

Commonwealth of Virginia	)
	) ss.
City of Richmond	)

Via Electronic Notarization

On this 29th day of December, 2021, before me, the undersigned notary public, personally appeared Jared Stanley who acknowledged that he executed the foregoing Power of Attorney for the purposes stated therein.

IN WITNESS WHEREOF, I hereunto set my hand and official seal.

	/s/ Elizabeth Scott Vaughan

	Notary Public

My Commission Expires:

3/31/2023

[ SEAL ]

Online Notary Public. This notarial act involved the use of online audio/video communication technology