Weave Communications, Inc. — Major Shareholding Notification 2025

Feb 14, 2025

xml version="1.0" encoding="UTF-8"? SCHEDULE 13G/A 0001104659-22-020857 0001639299 XXXXXXXX LIVE 3 Common Stock, $0.00001 par value per share 12/31/2024 0001609151 WEAVE COMMUNICATIONS, INC. 94724R108 1331 W POWELL WAY LEHI UT 84043 Rule 13d-1(d) Pelion Ventures VI, L.P. b DE 0.00 2953871.00 0.00 2953871.00 2953871.00 4.1 PN Pelion Ventures VI-A, L.P. b DE 0.00 201975.00 0.00 201975.00 201975.00 0.3 PN Pelion Venture Partners VI, L.L.C. b DE 0.00 3155846.00 0.00 3155846.00 3155846.00 4.3 OO Pelion Ventures VII L.P. b DE 0.00 530529.00 0.00 530529.00 530529.00 0.7 PN Pelion Ventures VII-A, L.P. b DE 0.00 109323.00 0.00 109323.00 109323.00 0.2 PN Pelion Ventures VII-Entrepreneurs Fund, L.P. b DE 0.00 59592.00 0.00 59592.00 59592.00 0.1 PN Pelion Venture Partners VII, L.L.C. b DE 0.00 699444.00 0.00 699444.00 699444.00 1.0 OO Blake G Modersitzki b X1 91714.00 3855290.00 91714.00 3855290.00 3947004.00 5.4 IN WEAVE COMMUNICATIONS, INC. 1331 W POWELL WAY, LEHI, UT, 84043. The names of the persons filing this report (collectively, the "Reporting Persons") are: Pelion Ventures VI, L.P. ("Fund VI") Pelion Ventures VI-A, L.P. ("Fund VI-A") Pelion Venture Partners VI, L.L.C. ("GP VI") Pelion Ventures VII L.P. ("Fund VII") Pelion Ventures VII-A, L.P. ("Fund VII-A") Pelion Ventures VII-Entrepreneurs Fund, L.P. ("Fund VII-E") Pelion Venture Partners VII, L.L.C. ("GP VII") Blake G. Modersitzki ("Modersitzki") The Reporting Persons expressly disclaim status as a "group" for purposes of this Schedule 13G. c/o Pelion Venture Partners 14761 S. Future Way, Suite 500 Salt Lake City, UT 84020 Fund VI Delaware Fund VI-A Delaware GP VI Delaware Fund VII Delaware Fund VII-A Delaware Fund VII-E Delaware GP VII Delaware Modersitzki United States Y Row 9 of each Reporting Person's cover page to this Schedule 13G sets forth the aggregate number of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. The Reporting Persons' ownership of the Issuer's securities consists of (i) 2,953,871 shares of common stock held directly by Fund VI; (ii) 201,975 shares of common stock held directly by Fund VI-A; (iii) 530,529 shares of common stock held by Fund VII; (iv) 109,323 shares of common stock held directly by Fund VII-A; (v) 59,592 shares of common stock held directly by Fund VII-E; and (vi) 91,714 shares of common stock held by Modersitzki. GP VI is the general partner of each of Fund VI and Fund VI-A and shares voting and investment authority over the shares held by each of Fund VI and Fund VI-A. GP VII is the general partner of each of Fund VII, Fund VII-A and Fund VII-E and shares voting and investment authority over the shares held by each of Fund VII, Fund VII-A and Fund VII-E. Modersitzki is the Managing Member of each of GP VI and GP VII and shares voting and investment authority over the shares held by each of Fund VI, Fund VI-A, Fund VII, Fund VII-A and Fund VII-E. Row 11 of each Reporting Person's cover page to this Schedule 13G sets forth the percentages of the securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. The percentage set forth in each row 11 is based upon 72,771,106 shares of the Issuer's common stock outstanding as of November 1, 2024, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the "SEC") on November 8, 2024. Row 5 of each Reporting Person's cover page to this Schedule 13G sets forth the sole power to vote or to direct the vote of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. Row 6 of each Reporting Person's cover page to this Schedule 13G sets forth the shared power to vote or to direct the vote of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. Row 7 of each Reporting Person's cover page to this Schedule 13G sets forth the sole power to dispose or to direct the disposition of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. Row 8 of each Reporting Person's cover page to this Schedule 13G sets forth the shared power to dispose or to direct the disposition of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. Y Y Y Y Y Y Exhibit 99.1 Joint Filing Agreement Pelion Ventures VI, L.P. /s/ Blake G. Modersitzki By Pelion Venture Partners VI, L.L.C., its General Partner, By Blake G. Modersitzki, Managing Member 02/14/2025 Pelion Ventures VI-A, L.P. /s/ Blake G. Modersitzki By Pelion Venture Partners VI, L.L.C., its General Partner, By Blake G. Modersitzki, Managing Member 02/14/2025 Pelion Venture Partners VI, L.L.C. /s/ Blake G. Modersitzki By Blake G. Modersitzki, Managing Member 02/14/2025 Pelion Ventures VII L.P. /s/ Blake G. Modersitzki By Pelion Venture Partners VII, L.L.C., its General Partner, By Blake G. Modersitzki, Managing Member 02/14/2025 Pelion Ventures VII-A, L.P. /s/ Blake G. Modersitzki By Pelion Venture Partners VII, L.L.C., its General Partner, By Blake G. Modersitzki, Managing Member 02/14/2025 Pelion Ventures VII-Entrepreneurs Fund, L.P. /s/ Blake G. Modersitzki By Pelion Venture Partners VII, L.L.C., its General Partner, By Blake G. Modersitzki, Managing Member 02/14/2025 Pelion Venture Partners VII, L.L.C. /s/ Blake G. Modersitzki By Blake G. Modersitzki, Managing Member 02/14/2025 Blake G Modersitzki /s/ Blake G. Modersitzki Blake G. Modersitzki 02/14/2025