Weave Communications, Inc. — Director's Dealing 2021

Nov 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Weave Communications, Inc. (WEAV)
CIK: 0001609151
Period of Report: 2021-11-15

Reporting Person: Modersitzki Blake G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-15	Common Stock	C	3815105	—	Acquired	4219889	Indirect
2021-11-15	Common Stock	C	260860	—	Acquired	288538	Indirect
2021-11-15	Common Stock	P	315900	$24.00	Acquired	4535789	Indirect
2021-11-15	Common Stock	P	21600	$24.00	Acquired	310138	Indirect
2021-11-15	Common Stock	P	62500	$24.00	Acquired	699444	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-15	Series B Preferred Stock	$	C	2218469	Disposed		Common Stock (2218469)	Indirect
2021-11-15	Series B Preferred Stock	$	C	151690	Disposed		Common Stock (151690)	Indirect
2021-11-15	Series B-1 Preferred Stock	$	C	1122344	Disposed		Common Stock (1122344)	Indirect
2021-11-15	Series B-1 Preferred Stock	$	C	76740	Disposed		Common Stock (76740)	Indirect
2021-11-15	Series C Preferred Stock	$	C	433917	Disposed		Common Stock (433917)	Indirect
2021-11-15	Series C Preferred Stock	$	C	29669	Disposed		Common Stock (29669)	Indirect
2021-11-15	Series D Preferred Stock	$	C	40375	Disposed		Common Stock (40375)	Indirect
2021-11-15	Series D Preferred Stock	$	C	2761	Disposed		Common Stock (2761)	Indirect

Footnotes

F1: 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.

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.