Catalyst Investors Partners IV, L.P. - May 24, 2023 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Signature
Catalyst Investors Partners IV, L.P. By: Catalyst Investors Partners IV, L.L.C., its General Partner By: /s/ Brian A. Rich, Manager
Stock symbol
WEAV
Transactions as of
May 24, 2023
Transactions value $
$0
Form type
4
Date filed
5/26/2023, 07:33 PM
Previous filing
May 31, 2022
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Award $0 +24.4K +0.23% $0.00 10.4M May 24, 2023 Held by Catalyst Investors QP IV, L.P. F1, F2, F3
holding WEAV Common Stock 549K May 24, 2023 Held by Catalyst Investors IV, L.P. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 24,356 restricted stock units (the "RSUs") granted to Tyler Newton, a partner at Catalyst Investors, L.L.C. ("Catalyst Investors"), as a director of the Issuer. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. The RSUs will vest in full on the earlier of (i) May 24, 2024 and (ii) the date of the first annual meeting of the Issuer's stockholders following May 24, 2023, and 24,356 shares of Common Stock will be issued to Catalyst Investors or its nominee. Such grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d).
F2 Catalyst Investors, on behalf of its affiliated funds, investment vehicles and/or managed accounts, designated Mr. Newton to be appointed to the Issuer's board of directors in August 2017. Pursuant to an agreement between Catalyst Investors and Mr. Newton, Mr. Newton has agreed to pay Catalyst Investors or its nominee all of his director compensation and has instructed the Issuer to pay all such compensation directly to Catalyst Investors. Accordingly, Catalyst Investors or its nominee is the direct holder of the RSUs.
F3 Catalyst Investors Partners IV, L.P. ("CIP IV") serves as the general partner of Catalyst Investors IV, L.P. ("CI IV") and Catalyst Investors QP IV, L.P. ("CI QP IV"). Catalyst Investors Partners IV, L.L.C. ("CIP IV LLC") is the general partner of CIP IV. Brian A. Rich, Eugene L. Wolfson and D. Ryan McNally, who are managers of the board of CIP IV LLC, and Mr. Newton may be deemed to have shared voting and dispositive power with respect to the shares held by CI IV and CI QP IV.

Remarks:

Catalyst Investors and its affiliates designated Tyler Newton to be appointed to the Issuer's board of directors in August 2017. Accordingly, Catalyst Investors and its affiliates listed hereon may be deemed to be a director by deputization for purposes of Section 16 of the Exchange Act.