| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WE | Class A Common Stock | Sale | -$1.08M | -5.41M | -27.77% | $0.20 | 14.1M | Aug 15, 2023 | See footnote | F1, F2, F4, F5 |
| transaction | WE | Class A Common Stock | Sale | -$687K | -4.33M | -30.78% | $0.16 | 9.74M | Aug 16, 2023 | See footnote | F2, F3, F4, F5 |
Benchmark Capital Management Co. VII, L.L.C. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | The shares were sold at prices ranging from $0.185 to $0.23. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F2 | The shares are held by Benchmark Capital Partners VII (AIV), L.P. ("BCP AIV"), as nominee for itself and Benchmark Founders' Fund VII, L.P. ("BFF VII") and Benchmark Founders' Fund VII-B, L.P. ("BFF VII-B"). Benchmark Capital Management Co. VII, L.L.C. ("BCMC VII") is the general partner of each of BCP AIV, BFF VII and BFF VII-B and may be deemed to have sole voting and dispositive power over such shares. Matthew R. Cohler, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey and Mitchell H. Lasky, the managing members of BCMC VII, may be deemed to share voting and dispositive power over these shares beneficially held by such entities. Each such person and entity disclaims the existence of a "group", as defined in Rule 13d-5 of the Securities Exchange Act of 1934, as amended, and disclaims beneficial ownership of any securities, except to the extent of such person's or entity's pecuniary interest in such securities. |
| F3 | The shares were sold at prices ranging from $0.15 to $0.185. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F4 | BCP AIV, for itself and as nominee for BFF VII and BFF VII-B, are a party to that certain Amended and Restated Stockholders Agreement (the "Stockholders Agreement") dated May 5, 2023 by and among the Issuer, BCP AIV, SVF Endurance (Cayman) Limited ("SVF 1") and SVF II WW Holdings (Cayman) Limited (together with SVF 1, the "Other Parties"). Following the transactions reported on this Form 4, BCP AIV no longer has the right to designate a nominee to the Issuer's board of directors under the Stockholders Agreement, and as such, the Reporting Persons on this Form 4 no longer may be deemed to be members of a "group", as defined in Rule 13d-5 of the Securities Exchange Act of 1934, as amended, with the Other Parties. |
| F5 | The parties to the Stockholders Agreement hold, in the aggregate, more than 10% of the shares of Class A Common Stock of the Issuer. The share ownership reported for the Reporting Persons does not include any securities of the Issuer owned by the Other Parties, and each of the Reporting Persons disclaim beneficial ownership of the securities beneficially owned by the Other Parties. |
This report is one of two reports, each on a separate Form 4, but relating to the same holdings being filed by entities affiliated with Benchmark and their applicable members.