Blake G. Modersitzki - 16 Dec 2024 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Reporting relationship: Director
Issuer ticker: WEAV
Reported as of: 16 Dec 2024
Net transaction value: -$141,090
SEC form: 4
Accepted by SEC: 18 Dec 2024, 19:47:36 UTC
Prior SEC filing: 13 Dec 2024
Next SEC filing: 27 Dec 2024
Source filing: View source filing
Reporting owner signature: /s/ Blake G. Modersitzki

Key filing fact

Blake G. Modersitzki filed Form 4 for Weave Communications, Inc. (WEAV) on 18 Dec 2024.

Key facts

This page summarizes Blake G. Modersitzki's Form 4 filing for Weave Communications, Inc. (WEAV).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 18 Dec 2024, 19:47.

Change

Previous filing in this sequence was filed on 13 Dec 2024.
Current net transaction value: -$141,090.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WEAV transaction

Common Stock

Sale

Transaction value: $132,063
Shares: -8,471
Change %: -0.28%
Price: $15.59
Shares after: 3,033,210
Date: 16 Dec 2024
Ownership: By Pelion Ventures VI, L.P.
Footnotes: F1, F2

WEAV transaction

Common Stock

Sale

Transaction value: $9,027
Shares: -579
Change %: -0.28%
Price: $15.59
Shares after: 207,400
Date: 16 Dec 2024
Ownership: By Pelion Ventures VI-A, L.P.
Footnotes: F1, F3

WEAV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 530,529
Date: 16 Dec 2024
Ownership: By Pelion Ventures VII, L.P.
Footnotes: F4

WEAV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 109,323
Date: 16 Dec 2024
Ownership: By Pelion Ventures VII-A, L.P.
Footnotes: F5

WEAV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 59,592
Date: 16 Dec 2024
Ownership: By Pelion Ventures VII-Entrepreneurs Fund, L.P.
Footnotes: F6

WEAV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 111,097
Date: 16 Dec 2024
Ownership: Direct

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote F1

This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2024.

Footnote F2

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.

Footnote F3

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.

Footnote F4

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.

Footnote F5

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.

Footnote F6

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.