Ashish Chaudhary - Nov 10, 2021 Form 3 Insider Report for Weave Communications, Inc. (WEAV)

Role
Chief Technology Officer
Signature
/s/ Wendy Harper, as Attorney-in-Fact
Stock symbol
WEAV
Transactions as of
Nov 10, 2021
Transactions value $
$0
Form type
3
Date filed
11/10/2021, 06:17 PM
Next filing
Mar 24, 2022

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
holding WEAV Stock Option (right to buy) Nov 10, 2021 Common Stock 50K $19.60 Direct F1
holding WEAV Stock Option (right to buy) Nov 10, 2021 Common Stock 300K $4.32 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option will vest and become exercisable as to 1/4th of the total number of shares on September 6, 2022, and thereafter will vest and become exercisable as to 1/48th of the total number of shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.
F2 The stock option vested and became exercisable as to 1/4th of the total number of shares on October 14, 2021, and thereafter vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.

Remarks:

Exhibit List: Exhibit 24.1 Power of Attorney