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Weave Communications, Inc. Director's Dealing 2023

Jul 27, 2023

32676_dirs_2023-07-26_128816a5-6f8e-4db6-9fe0-b760735d216c.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: 2023-07-25

Reporting Person: Bessemer Venture Partners IX L.P. (N/A)
Reporting Person: Bessemer Venture Partners IX Institutional L.P. (N/A)
Reporting Person: Deer IX & Co. L.P. (N/A)
Reporting Person: Deer IX & Co. Ltd. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-07-25 Common Stock S 15200 $11.10 Disposed 7416155 Indirect
2023-07-26 Common Stock S 149496 $11.48 Disposed 7266659 Indirect

Footnotes

F1: On July 25, 2023, Bessemer Venture Partners IX L.P. ("BVP IX") and Bessemer Venture Partners IX Institutional L.P. ("BVP IX Inst" and together with BVP IX the "BVP IX Funds") sold 8,439 shares and 6,761 shares of Common Stock of Weave Communications, Inc., respectively, at a weighted average price of $11.10. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.15. 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 ranges set forth in this footnote.

F2: After the July 25 sales, BVP IX and BVP IX Inst own 4,117,450 shares of Common Stock and 3,298,705 of Common Stock, respectively.

F3: Deer IX & Co. Ltd. ("Deer Ltd.") is the general partner of Deer IX & Co. L.P. ("Deer L.P."), which is the general partner of each of the Funds. Deer Ltd. and Deer L.P. disclaim beneficial ownership of the securities held by the BVP IX Funds, and this report shall not be deemed an admission that Deer Ltd. and Deer L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect general partner interests in the BVP IX Funds.

F4: On July 26, 2023, BVP IX and BVP IX Inst sold 83,000 shares and 66,496 shares of Common Stock of Weave Communications, Inc., respectively, at a weighted average price of $11.48. These shares were sold in multiple transactions at prices ranging from $11.25 to $11.85. 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 ranges set forth in this footnote.

F5: As the date hear of, BVP IX and BVP IX Inst own 4,034,450 shares of Common Stock and 3,232,209 of Common Stock, respectively.