Blake G. Modersitzki - 07 Mar 2022 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Role
Director
Signature
/s/ Blake G. Modersitzki
Issuer symbol
WEAV
Transactions as of
07 Mar 2022
Transactions value $
$239,390
Form type
4
Filing time
09 Mar 2022, 16:42:50 UTC
Previous filing
17 Nov 2021
Next filing
09 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Purchase $239K +37K $6.47 37K 07 Mar 2022 Direct F1
holding WEAV Common Stock 4.54M 07 Mar 2022 By Pelion Ventures VI, L.P. F2
holding WEAV Common Stock 310K 07 Mar 2022 By Pelion Ventures VI-A, L.P. F3
holding WEAV Common Stock 699K 07 Mar 2022 By Pelion Ventures VII, L.P. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.08 to $6.93 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Shares are held by Pelion Ventures VI, L.P. ("PV VI"). Pelion Venture Partners VI, L.L.C. ("PVP VI") is the sole general partner of PV VI. The Reporting Person is the managing director of PVP VI and may be deemed to exercise voting and dispositive power over the shares held by PV VI. The Reporting Person disclaims beneficial ownership of the shares held by PV VI except to the extent of his pecuniary interest therein.
F3 Shares are held by Pelion Ventures VI-A, L.P. ("PV VI-A"). PVP VI is the sole general partner of PV VI-A. The Reporting Person is the managing director of PVP VI and may be deemed to exercise voting and dispositive power over the shares held by PV VI-A. The Reporting Person disclaims beneficial ownership of the shares held by PV VI-A except to the extent of his pecuniary interest therein.
F4 Shares are held by Pelion Ventures VII, L.P. ("PV VII"). Pelion Venture Partners VII, L.L.C. ("PVP VII") is the sole general partner of PV VII. The Reporting Person is a managing director of PVP VII and may be deemed to share voting and dispositive power over the shares held by PV VII. The Reporting Person disclaims beneficial ownership of the shares held by PV VII except to the extent of his pecuniary interest therein.