Tiger Global Management Llc - Oct 21, 2022 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Role
10%+ Owner
Signature
Tiger Global Management, LLC, By: /s/ Eric Lane, President & Chief Operating Officer
Stock symbol
WEAV
Transactions as of
Oct 21, 2022
Transactions value $
-$1,870,341
Form type
4
Date filed
10/25/2022, 05:59 PM
Previous filing
Oct 20, 2022
Next filing
Oct 28, 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) Sale -$328K -55.5K -0.8% $5.91 6.88M Oct 21, 2022 See footnote F1, F2, F3
transaction WEAV Common Stock Sale -$428K -75.6K -1.1% $5.66 6.8M Oct 24, 2022 See footnote F3, F4
transaction WEAV Common Stock Sale -$1.11M -189K -2.79% $5.88 6.61M Oct 25, 2022 See footnote F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.84 to $6.01, inclusive. The Reporting Persons undertake 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 range set forth herein.
F2 A total of 937 shares previously reported by the Reporting Persons have been removed as they may no longer be deemed to be beneficially owned by the Reporting Persons. The Reporting Persons had no pecuniary interest in such shares.
F3 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 disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and affirmatively disclaim being a "group" for purposes of Section 16 of the Exchange Act, as amended.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.48 to $5.89, inclusive. The Reporting Persons undertake 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 range set forth herein.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.76 to $6.10, inclusive. The Reporting Persons undertake 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 range set forth herein.