Tiger Global Management Llc - Nov 15, 2021 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Role: 10%+ Owner
Signature: Tiger Global Management, LLC, By: /s/ Charles P. Coleman, III, Managing Member
Stock symbol: WEAV
Transactions as of: Nov 15, 2021
Transactions value $: $15,000,000
Form type: 4
Date filed: 11/17/2021, 03:34 PM
Previous filing: Nov 10, 2021
Next filing: Apr 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEAV	Common Stock, par value $0.0001 per share ("Common Stock")	Conversion of derivative security		+4.36M	+178.7%		6.8M	Nov 15, 2021	See Footnote	F1, F2
transaction	WEAV	Common Stock	Purchase	$15M	+625K	+9.19%	$24.00	7.43M	Nov 15, 2021	See footnote	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WEAV	Series D Convertible Preferred Stock	Conversion of derivative security	$0	-4.36M	-100%	$0.00^*	0	Nov 15, 2021	Common Stock	4.36M		See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Series D Convertible Preferred Stock was convertible at any time, at the holder's election into an equivalent number of shares of Common Stock, and did not have an expiration date. The shares of Series D Convertible Preferred Stock automatically converted into an equivalent number of shares of the Issuer's Common Stock upon the closing of the Issuer's initial public offering.
F2	The securities of the Issuer are held in the accounts of private investment funds managed by Tiger Global Management, LLC ("Tiger Global") and/or its related persons and may be deemed to be beneficially owned by (i) Tiger Global; (ii) Charles P. Coleman, III ("Coleman"), a partner and portfolio manager of Tiger Global; and (iii) Scott Shleifer ("Shleifer"), a partner and portfolio manager of Tiger Global. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and affirmatively disclaims being a "group" for purposes of Section 16 of the Exchange Act, as amended.

Content

The Series D Convertible Preferred Stock was convertible at any time, at the holder's election into an equivalent number of shares of Common Stock, and did not have an expiration date. The shares of Series D Convertible Preferred Stock automatically converted into an equivalent number of shares of the Issuer's Common Stock upon the closing of the Issuer's initial public offering.

The securities of the Issuer are held in the accounts of private investment funds managed by Tiger Global Management, LLC ("Tiger Global") and/or its related persons and may be deemed to be beneficially owned by (i) Tiger Global; (ii) Charles P. Coleman, III ("Coleman"), a partner and portfolio manager of Tiger Global; and (iii) Scott Shleifer ("Shleifer"), a partner and portfolio manager of Tiger Global. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and affirmatively disclaims being a "group" for purposes of Section 16 of the Exchange Act, as amended.