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Weave Communications, Inc. — Director's Dealing 2022
Nov 9, 2022
32676_dirs_2022-11-08_68cfad41-ce26-4288-b19a-abeed9d49feb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Weave Communications, Inc. (WEAV)
CIK: 0001609151
Period of Report: 2022-11-04
Reporting Person: Chaudhary Ashish (Chief Technology Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-04 | Stock Option (right to buy) | $7.00 | A | 50000 | Acquired | 2031-09-05 | Common Stock (50000) | Direct |
| 2022-11-04 | Stock Option (right to buy) | $19.60 | D | 50000 | Disposed | 2031-09-05 | Common Stock (50000) | Direct |
Footnotes
F1: The stock option vested and became exercisable as to 1/4th of the total number of shares on September 6, 2022, and thereafter vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.
F2: The transaction reported herein reflects a one-time stock option repricing that became effective on November 4, 2022 and is being reported in this manner solely to comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934, as amended. There have been no other changes to the terms of these options.