CROSSLINK CAPITAL INC - 05 Nov 2024 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Role
10%+ Owner
Signature
/s/ Maureen Offer, Chief Financial Officer
Issuer symbol
WEAV
Transactions as of
05 Nov 2024
Net transactions value
-$1,748,750
Form type
4
Filing time
07 Nov 2024, 18:47:15 UTC
Previous filing
04 Nov 2024
Next filing
13 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Other $0 -75,733 -0.93% $0.000000 8,040,955 05 Nov 2024 See Note F1, F2
transaction WEAV Common Stock Sale $1,748,750 -125,000 -1.6% $13.99 7,915,955 06 Nov 2024 See Note F2, F3
holding WEAV Common Stock 717,603 05 Nov 2024 See Note F4
holding WEAV Common Stock 30,156 05 Nov 2024 See Note F5
* 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 a private investment fund 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"), to its members 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.95 to $14.09 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.
F4 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.
F5 The securities are held directly by a trust of which Mr. Stark is a trustee.

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.