Filing Details

Accession Number:
0001209191-21-065101
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-17 16:24:56
Reporting Period:
2021-11-15
Accepted Time:
2021-11-17 16:24:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1609151 Weave Communications Inc. WEAV () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1366065 G Blake Modersitzki 2750 E. Cottonwood Park, Suite 600
Salt Lake City UT 84121
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-11-15 3,815,105 $0.00 4,219,889 No 4 C Indirect See footnote
Common Stock Acquisiton 2021-11-15 260,860 $0.00 288,538 No 4 C Indirect See footnote
Common Stock Acquisiton 2021-11-15 315,900 $24.00 4,535,789 No 4 P Indirect See footnote
Common Stock Acquisiton 2021-11-15 21,600 $24.00 310,138 No 4 P Indirect See footnote
Common Stock Acquisiton 2021-11-15 62,500 $24.00 699,444 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See footnote
No 4 C Indirect See footnote
No 4 P Indirect See footnote
No 4 P Indirect See footnote
No 4 P Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series B Preferred Stock Disposition 2021-11-15 2,218,469 $0.00 2,218,469 $0.00
Common Stock Series B Preferred Stock Disposition 2021-11-15 151,690 $0.00 151,690 $0.00
Common Stock Series B-1 Preferred Stock Disposition 2021-11-15 1,122,344 $0.00 1,122,344 $0.00
Common Stock Series B-1 Preferred Stock Disposition 2021-11-15 76,740 $0.00 76,740 $0.00
Common Stock Series C Preferred Stock Disposition 2021-11-15 433,917 $0.00 433,917 $0.00
Common Stock Series C Preferred Stock Disposition 2021-11-15 29,669 $0.00 29,669 $0.00
Common Stock Series D Preferred Stock Disposition 2021-11-15 40,375 $0.00 40,375 $0.00
Common Stock Series D Preferred Stock Disposition 2021-11-15 2,761 $0.00 2,761 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
Footnotes
  1. Each share of the Series B Preferred Stock, Series B-1 Preferred Stock, Series C Preferred Stock and Series D Preferred Stock automatically converted into shares of Common Stock immediately prior to the closing of the Issuer's initial public offering, on a 1:1 basis, and has no expiration date.
  2. 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.
  3. 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.
  4. 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.