Blake G. Modersitzki - Mar 7, 2022 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Role: Director
Signature: /s/ Blake G. Modersitzki
Stock symbol: WEAV
Transactions as of: Mar 7, 2022
Transactions value $: $239,390
Form type: 4
Date filed: 3/9/2022, 04:42 PM
Previous filing: Nov 17, 2021
Next filing: Mar 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEAV	Common Stock	Purchase	$239K	+37K		$6.47	37K	Mar 7, 2022	Direct	F1
holding	WEAV	Common Stock						4.54M	Mar 7, 2022	By Pelion Ventures VI, L.P.	F2
holding	WEAV	Common Stock						310K	Mar 7, 2022	By Pelion Ventures VI-A, L.P.	F3
holding	WEAV	Common Stock						699K	Mar 7, 2022	By Pelion Ventures VII, L.P.	F4

* 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 purchased in multiple transactions at prices ranging from $6.08 to $6.93 inclusive. 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 purchased at each separate price within the range set forth in this footnote.
F2	Shares are held by Pelion Ventures VI, L.P. ("PV VI"). Pelion Venture Partners VI, L.L.C. ("PVP VI") is the sole general partner of PV VI. The Reporting Person is the managing director of PVP VI and may be deemed to exercise voting and dispositive power over the shares held by PV VI. The Reporting Person disclaims beneficial ownership of the shares held by PV VI except to the extent of his pecuniary interest therein.
F3	Shares are held by Pelion Ventures VI-A, L.P. ("PV VI-A"). PVP VI is the sole general partner of PV VI-A. The Reporting Person is the managing director of PVP VI and may be deemed to exercise voting and dispositive power over the shares held by PV VI-A. The Reporting Person disclaims beneficial ownership of the shares held by PV VI-A except to the extent of his pecuniary interest therein.
F4	Shares are held by Pelion Ventures VII, L.P. ("PV VII"). Pelion Venture Partners VII, L.L.C. ("PVP VII") is the sole general partner of PV VII. The Reporting Person is a managing director of PVP VII and may be deemed to share voting and dispositive power over the shares held by PV VII. The Reporting Person disclaims beneficial ownership of the shares held by PV VII except to the extent of his pecuniary interest therein.