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

Signature
/s/ Wendy Harper, as Attorney-in-Fact
Issuer symbol
WEAV
Transactions as of
10 Nov 2021
Net transactions value
$0
Form type
3
Filing time
10 Nov 2021, 18:20:33 UTC
Next filing
15 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WEAV Common Stock 300,000 10 Nov 2021 Direct

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) 10 Nov 2021 Common Stock 163,410 $0.4993 Direct F1
holding WEAV Stock Option (right to buy) 10 Nov 2021 Common Stock 13,064 $1.88 Direct F1
holding WEAV Stock Option (right to buy) 10 Nov 2021 Common Stock 28,000 $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 is fully vested and immediately exercisable.
F2 The stock option will vest and become exercisable as to 1/4th of the total number of shares on December 23, 2021, 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.

Remarks:

Exhibit List: Exhibit 24.1 Power of Attorney