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

Signature
/s/ Erin Goodsell, as Attorney-in-Fact
Issuer symbol
WEAV
Transactions as of
28 Dec 2021
Net transactions value
+$50,521
Form type
4
Filing time
14 Mar 2023, 17:24:47 UTC
Previous filing
15 Nov 2021
Next filing
24 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Options Exercise $10,238 +15,000 +5.3% $0.6825* 300,637 28 Dec 2021 Direct
transaction WEAV Common Stock Options Exercise $22,105 +44,271 +15% $0.4993* 344,908 28 Dec 2021 Direct
transaction WEAV Common Stock Options Exercise $17,062 +25,000 +7.2% $0.6825* 369,908 11 Mar 2022 Direct
transaction WEAV Common Stock Purchase $3,614 +783 +0.21% $4.62 370,691 15 Feb 2023 Direct F1
transaction WEAV Common Stock Tax liability $2,498 -549 -0.15% $4.55 370,142 10 Mar 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 -15,000 -4.3% $0.000000 333,122 28 Dec 2021 Common Stock 15,000 $0.6825 Direct F3
transaction WEAV Stock Option (right to buy) Options Exercise $0 -44,271 -100% $0.000000* 0 28 Dec 2021 Common Stock 44,271 $0.4993 Direct F3
transaction WEAV Stock Option (right to buy) Options Exercise $0 -25,000 -7.5% $0.000000 308,122 11 Mar 2022 Common Stock 25,000 $0.6825 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.