Alan Taylor - Dec 28, 2021 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Signature
/s/ Erin Goodsell, as Attorney-in-Fact
Stock symbol
WEAV
Transactions as of
Dec 28, 2021
Transactions value $
$50,521
Form type
4
Date filed
3/14/2023, 05:24 PM
Previous filing
Nov 15, 2021
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Options Exercise $10.2K +15K +5.25% $0.68* 301K Dec 28, 2021 Direct
transaction WEAV Common Stock Options Exercise $22.1K +44.3K +14.73% $0.50* 345K Dec 28, 2021 Direct
transaction WEAV Common Stock Options Exercise $17.1K +25K +7.25% $0.68* 370K Mar 11, 2022 Direct
transaction WEAV Common Stock Purchase $3.61K +783 +0.21% $4.62 371K Feb 15, 2023 Direct F1
transaction WEAV Common Stock Tax liability -$2.5K -549 -0.15% $4.55 370K Mar 10, 2023 Direct F2

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
transaction WEAV Stock Option (right to buy) Options Exercise $0 -15K -4.31% $0.00 333K Dec 28, 2021 Common Stock 15K $0.68 Direct F3
transaction WEAV Stock Option (right to buy) Options Exercise $0 -44.3K -100% $0.00* 0 Dec 28, 2021 Common Stock 44.3K $0.50 Direct F3
transaction WEAV Stock Option (right to buy) Options Exercise $0 -25K -7.5% $0.00 308K Mar 11, 2022 Common Stock 25K $0.68 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares purchased under the Issuer's employee stock purchase plan (the "ESPP") on February 15, 2023. The acquisition of these shares under the ESPP is exempt under Rule 16b-3(c).
F2 In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's Common Stock were withheld by the Issuer to satisfy tax obligations relating to the acquisition of shares of the Issuer's Common Stock in connection with the settlement of the vested portion of restricted stock units.
F3 The stock option is fully vested and immediately exercisable.