Bessemer Venture Partners IX L.P. - Jul 17, 2023 Form 4/A - Amendment Insider Report for Weave Communications, Inc. (WEAV)

Role
10%+ Owner
Signature
/s/ Scott Ring, General Counsel, Deer IX & Co. Ltd., the General Partner of Deer IX I & Co. L.P., the General Partner of Bessemer Venture Partners IX L.P.
Stock symbol
WEAV
Transactions as of
Jul 17, 2023
Transactions value $
-$1,395,618
Form type
4/A - Amendment
Date filed
7/20/2023, 09:10 PM
Date Of Original Report
Jul 18, 2023
Previous filing
Jun 20, 2023
Next filing
Jul 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Sale -$748K -66.6K -0.88% $11.24 7.5M Jul 17, 2023 See Footnotes F1, F2, F3
transaction WEAV Common Stock Sale -$647K -57.5K -0.77% $11.26 7.44M Jul 18, 2023 See Footnotes F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 17, 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 36,965 shares and 29,615 shares, of Common Stock of Weave Communications, Inc., respectively, at a weighted average price of $11.24. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.45. 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 17, 2023 trades, BVP IX and BVP IX Inst own 4,164,045 shares of Common Stock and 3,336,034 of Common Stock, respectivel
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 18, 2023,BVP IX and BVP IX Inst sold 31,915 shares and 25,568 shares, of Common Stock of Weave Communications, Inc., respectively, at a weighted average price of $11.26. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.38. 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 of the date hereof, BVP IX and BVP IX Inst own 4,132,130 shares of Common Stock and 3,310,466 of Common Stock, respectively.