CROSSLINK CAPITAL INC - 31 Oct 2024 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Role
10%+ Owner
Signature
/s/ Mihaly Szigeti, CCO
Issuer symbol
WEAV
Transactions as of
31 Oct 2024
Net transactions value
-$1,162,424
Form type
4
Filing time
04 Nov 2024, 21:09:19 UTC
Previous filing
24 May 2024
Next filing
07 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Other $0 -739,314 -8.3% $0.000000 8,206,243 31 Oct 2024 See Note F1, F2
transaction WEAV Common Stock Sale $1,162,424 -89,555 -1.1% $12.98 8,116,688 01 Nov 2024 See Note F2
holding WEAV Common Stock 717,603 31 Oct 2024 See Note F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents pro rata, in-kind distributions, and not purchases or sales of securities, by certain of the private investment funds for which Crosslink Capital, Inc. ("Crosslink") serves as the investment manager (together with private investment funds for which Crosslink Capital Management, LLC ("CCM") serves as the investment manager, the "Funds"), each to its limited partners without additional consideration.
F2 Certain of the Funds and their general partners advised by Crosslink hold these securities directly for the benefit of their investors. These securities may be deemed to be beneficially owned indirectly by Crosslink as the investment adviser to those Funds and their general partners and by Mr. Stark as the control person of Crosslink.
F3 The securities are held directly by a Fund advised by CCM for the benefit of its investors. These securities may be deemed to be beneficially owned indirectly by CCM as the investment adviser to that Fund.

Remarks:

The reporting persons are Crosslink, CCM, and Michael J. Stark. Crosslink is the investment adviser to certain Funds. Crosslink is filing this report on behalf of itself and the other reporting persons. The reporting persons are filing this Form 4 jointly, but not as a group. Crosslink and CCM are related entities and may constitute a group within the meaning of Rule 13d-5(b) under the Securities and Exchange Act of 1934. Each other reporting person expressly disclaims membership in a group. The reporting persons disclaim beneficial ownership of the securities reported herein except to the extent of their respective pecuniary interests therein.