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Weave Communications, Inc. Director's Dealing 2023

May 26, 2023

32676_dirs_2023-05-26_3aeab822-1e05-4757-b5fe-e418ce5d9a08.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: 2023-05-24

Reporting Person: Modersitzki Blake G (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-24 Common Stock A 24356 $0.00 Acquired 91714 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4535789 Indirect
Common Stock 310138 Indirect
Common Stock 530529 Indirect
Common Stock 109323 Indirect
Common Stock 59592 Indirect

Footnotes

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 RSUs
will 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.