Filing Details

Accession Number:
0001415889-24-029383
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-13 20:05:48
Reporting Period:
2024-12-11
Accepted Time:
2024-12-13 20:05:48
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-12-11 179,961 $15.25 3,296,664 No 4 S Indirect By Pelion Ventures VI, L.P.
Common Stock Disposition 2024-12-11 12,305 $15.25 225,412 No 4 S Indirect By Pelion Ventures VI-A, L.P.
Common Stock Disposition 2024-12-12 168,000 $15.59 3,128,664 No 4 S Indirect By Pelion Ventures VI, L.P.
Common Stock Disposition 2024-12-12 11,486 $15.59 213,926 No 4 S Indirect By Pelion Ventures VI-A, L.P.
Common Stock Disposition 2024-12-13 86,983 $15.47 3,041,681 No 4 S Indirect By Pelion Ventures VI, L.P.
Common Stock Disposition 2024-12-13 5,947 $15.47 207,979 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.
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
  1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2024.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.95 to $15.55 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.
  3. 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.
  4. 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.45 to $15.93 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 sold at each separate price within the range set forth in this footnote.
  6. 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.
  7. 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.
  8. 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.