| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WEAV | Common Stock | Sale | -$1.59M | -113K | -2.55% | $14.05 | 4.33M | Oct 31, 2024 | By Pelion Ventures VI, L.P. | F1, F2, F3 |
| transaction | WEAV | Common Stock | Sale | -$109K | -7.75K | -2.55% | $14.05 | 296K | Oct 31, 2024 | By Pelion Ventures VI-A, L.P. | F1, F2, F4 |
| holding | WEAV | Common Stock | 531K | Oct 31, 2024 | By Pelion Ventures VII, L.P. | F5 | |||||
| holding | WEAV | Common Stock | 109K | Oct 31, 2024 | By Pelion Ventures VII-A, L.P. | F6 | |||||
| holding | WEAV | Common Stock | 59.6K | Oct 31, 2024 | By Pelion Ventures VII-Entrepreneurs Fund, L.P. | F7 | |||||
| holding | WEAV | Common Stock | 111K | Oct 31, 2024 | Direct |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2024. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.95 to $14.33 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 sold at each separate price within the range set forth in this footnote. |
| F3 | 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. |
| F4 | 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. |
| F5 | 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. |
| F6 | Shares are held by Pelion Ventures VII-A, L.P. ("PV VII-A"). PVP VII is the sole general partner of PV VII-A. 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-A. The Reporting Person disclaims beneficial ownership of the shares held by PV VII-A except to the extent of his pecuniary interest therein. |
| F7 | Shares are held by Pelion Ventures VII-Entrepreneurs Fund, L.P. ("PV VII-Entrepreneurs"). PVP VII is the sole general partner of PV VII-Entrepreneurs. 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-Entrepreneurs. The Reporting Person disclaims beneficial ownership of the shares held by PV VII-Entrepreneurs except to the extent of his pecuniary interest therein. |