Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-23-032599
Date:2023-05-24
Issuer: WEAVE COMMUNICATIONS, INC. (WEAV)
Original Submission Date:

Reporting Person:

MODERSITZKI BLAKE G
2750 E. COTTONWOOD PARK
SUITE 600 SALT LAKE CITY, UT 84121

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2023-05-24 A 24,356 a $0.00 91,714 direct
COMMON STOCK 2023-05-24 0 $0.00 4,535,789 indirect
COMMON STOCK 2023-05-24 0 $0.00 310,138 indirect
COMMON STOCK 2023-05-24 0 $0.00 530,529 indirect
COMMON STOCK 2023-05-24 0 $0.00 109,323 indirect
COMMON STOCK 2023-05-24 0 $0.00 59,592 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 represents 24,356 restricted stock units (the "rsus") granted to the reporting person as a director of the issuer. each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting. the rsuswill vest in full on the earlier of (i) may 24, 2024 and (ii) the date of the first annual meeting of the issuer's stockholders following may 24, 2023. such grant is exempt from section 16(b) of the securities exchange act of 1934, as amended (the "exchange act"), in reliance on rule 16b-3(d).
f2 pelion venture partners vi, l.l.c. ("pvp vi") is the sole general partner of pelion ventures vi, l.p. ("pv vi") and pelion ventures vi-a, l.p. ("pv vi-a"). the reporting person is the managing director of pvp vi and pv vi-a and may be deemed to exercise voting and dispositive power over the shares held by pv vi and pv vi-a. the reporting person disclaims beneficial ownership of the shares held by pv vi and pv vi-a except to the extent of his pecuniary interest therein.
f3 pelion venture partners vii, l.l.c. ("pvp vii") is the sole general partner of pelion ventures vii, l.p. ("pv vii"), pelion ventures vii-a, l.p. ("pv vii-a") and pelion ventures vii-entrepreneurs fund, l.p. ("pv vii-entrepreneurs") . the reporting person is a managing director of pvp vii, pv vii-a and pv vii-entrepreneurs and may be deemed to share voting and dispositive power over the shares held by pvp vii, pv vii-a and pv vii-entrepreneurs. the reporting person disclaims beneficial ownership of the shares held by pvp vii, pv vii-a and pv vii-entrepreneurs except to the extent of his pecuniary interest therein.
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