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Weave Communications, Inc. — Director's Dealing 2021
Nov 10, 2021
32676_dirs_2021-11-10_71d771ea-7a3a-48a7-bed5-0821705dab1a.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Weave Communications, Inc. (WEAV)
CIK: 0001609151
Period of Report: 2021-11-10
Reporting Person: CROSSLINK CAPITAL INC (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1223557 | Indirect |
| Common Stock | 711862 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series B Convertible Preferred Stock | $ | Common Stock (6397813) | Indirect | ||
| Series C Convertible Preferred Stock | $ | Common Stock (784281) | Indirect | ||
| Series D Convertible Preferred Stock | $ | Common Stock (71550) | Indirect |
Footnotes
F1: Crosslink Capital, Inc. ("Crosslink") is the investment adviser to private investment funds (the "Funds"). Certain of the Funds hold these securities directly for the benefit of their investors. These securities are beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Michael J. Stark as the control person of Crosslink. Crosslink Ventures VII Holdings, L.L.C. ("Ventures GP") beneficially owns 591,505 of these securities indirectly as the general partner or manager of certain of the Funds.
F2: The securities are held directly by a private investment fund for the benefit of its investors. These securities are beneficially owned indirectly by Crosslink Capital Management, LLC as the investment adviser to that private investment fund.
F3: Each share of Series B Convertible Preferred Stock is convertible into one share of Common Stock at any time and has no expiration date. Each share of Series B Convertible Preferred Stock will automatically convert immediately before the closing of the Issuer's initial public offering.
F4: Certain of the Funds, including Crosslink Crossover Fund VII, L.P. ("Crossover VII") and Crosslink Ventures VII, L.P. ("Ventures VII"), hold these securities directly for the benefit of their investors. These securities are beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Mr. Stark as the control person of Crosslink. Crossover VII directly holds shares of Series B Convertible Preferred Stock that are convertible into 2,559,126 shares of Common Stock, and Crossover Fund VII Management, L.L.C. ("Crossover GP") beneficially owns those shares indirectly as the general partner of Crossover VII. Ventures VII directly holds shares of Series B Convertible Preferred Stock that are convertible into 2,501,673 shares of Common Stock. Ventures GP beneficially owns shares of Series B Convertible Preferred Stock that are convertible into 3,838,687 shares of Common Stock indirectly as the general partner of Ventures VII and certain other Funds.
F5: Each share of Series C Convertible Preferred Stock is convertible into one share of Common Stock at any time and has no expiration date. Each share of Series C Convertible Preferred Stock will automatically convert immediately before the closing of the Issuer's initial public offering.
F6: Certain of the Funds, including Crossover VII and Ventures VII, hold these securities directly for the benefit of their investors. These securities are beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Mr. Stark as the control person of Crosslink. Crossover VII directly holds shares of Series C Convertible Preferred Stock that are convertible into 313,712 shares of Common Stock, and Crossover GP beneficially owns those shares indirectly as the general partner of Crossover VII. Ventures VII directly holds shares of Series C Convertible Preferred Stock that are convertible into 306,671 shares of Common Stock. Ventures GP beneficially owns shares of Series C Convertible Preferred Stock that are convertible into 470,569 shares of Common Stock indirectly as general partner of Ventures VII and certain other Funds.
F7: Each share of Series D Convertible Preferred Stock is convertible into one share of Common Stock at any time and has no expiration date. Each share of Series D Convertible Preferred Stock will automatically convert immediately before the closing of the Issuer's initial public offering.
F8: Certain of the Funds, including Ventures VII, hold these securities directly for the benefit of their investors. These securities are beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Mr. Stark as the control person of Crosslink. Ventures VII directly holds shares of Series D Convertible Preferred Stock that are convertible into 27,978 shares of Common Stock. Ventures GP beneficially owns shares of Series D Convertible Preferred Stock that are convertible into 42,930 shares of Common Stock indirectly as general partner of Ventures VII and certain other funds.