Home > Insider Trading > Filing (0001415889-24-026768)

Filing Details

Accession Number:: 0001415889-24-026768
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-11-13 21:33:16
Reporting Period:: 2024-11-08

Accepted Time:: 2024-11-13 21:33:16
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	C/O Pelion Ventures 14761 S Future Way, Suite 500 Draper UT 84020		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2024-11-08	30,675	$14.46	4,301,003	No	4	S	Indirect	By Pelion Ventures VI, L.P.
Common Stock	Disposition	2024-11-08	2,098	$14.46	294,084	No	4	S	Indirect	By Pelion Ventures VI-A, L.P.
Common Stock	Disposition	2024-11-08	44,076	$14.19	4,256,927	No	4	S	Indirect	By Pelion Ventures VI, L.P.
Common Stock	Disposition	2024-11-08	3,014	$14.19	291,070	No	4	S	Indirect	By Pelion Ventures VI-A, L.P.
Common Stock	Disposition	2024-11-11	69,478	$14.04	4,187,449	No	4	S	Indirect	By Pelion Ventures VI, L.P.
Common Stock	Disposition	2024-11-11	4,750	$14.04	286,320	No	4	S	Indirect	By Pelion Ventures VI-A, L.P.
Common Stock	Disposition	2024-11-12	19,532	$14.20	4,167,917	No	4	S	Indirect	By Pelion Ventures VI, L.P.
Common Stock	Disposition	2024-11-12	1,336	$14.20	284,984	No	4	S	Indirect	By Pelion Ventures VI-A, L.P.
Common Stock	Disposition	2024-11-13	35,344	$14.20	4,132,573	No	4	S	Indirect	By Pelion Ventures VI, L.P.
Common Stock	Disposition	2024-11-13	2,416	$14.20	282,568	No	4	S	Indirect	By Pelion Ventures VI-A, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Pelion Ventures VI, L.P.
No	4	S	Indirect	By Pelion Ventures VI-A, L.P.
No	4	S	Indirect	By Pelion Ventures VI, L.P.
No	4	S	Indirect	By Pelion Ventures VI-A, L.P.
No	4	S	Indirect	By Pelion Ventures VI, L.P.
No	4	S	Indirect	By Pelion Ventures VI-A, L.P.
No	4	S	Indirect	By Pelion Ventures VI, L.P.
No	4	S	Indirect	By Pelion Ventures VI-A, L.P.
No	4	S	Indirect	By Pelion Ventures VI, L.P.
No	4	S	Indirect	By Pelion Ventures VI-A, L.P.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	530,529	Indirect	By Pelion Ventures VII, L.P.
Common Stock	109,323	Indirect	By Pelion Ventures VII-A, L.P.
Common Stock	59,592	Indirect	By Pelion Ventures VII-Entrepreneurs Fund, L.P.
Common Stock	111,097	Direct

Footnotes

This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2024.
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.
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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.11 to $14.30 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 sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.95 to $14.37 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 sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.10 to $14.37 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 sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.10 to $14.36 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 sold at each separate price within the range set forth in this footnote.
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.
Shares are held by Pelion Ventures VII-A, L.P. ("PV VII-A"). PVP VII is the sole general partner of PV VII-A. 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-A. The Reporting Person disclaims beneficial ownership of the shares held by PV VII-A except to the extent of his pecuniary interest therein.
Shares are held by Pelion Ventures VII-Entrepreneurs Fund, L.P. ("PV VII-Entrepreneurs"). PVP VII is the sole general partner of PV VII-Entrepreneurs. 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-Entrepreneurs. The Reporting Person disclaims beneficial ownership of the shares held by PV VII-Entrepreneurs except to the extent of his pecuniary interest therein.