Kristen J. McVeety - 14 Nov 2024 Form 4 Insider Report for CoreWeave, Inc. (CRWV)

Signature
/s/ Kristen McVeety
Issuer symbol
CRWV
Transactions as of
14 Nov 2024
Net transactions value
-$9,048,176
Form type
4
Filing time
31 Mar 2025, 18:36:54 UTC
Next filing
27 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRWV Class A Common Stock Options Exercise $176,428 +69,460 $2.54 69,460 27 Mar 2025 Direct
transaction CRWV Class A Common Stock Sale $2,778,400 -69,460 -100% $40.00 0 27 Mar 2025 Direct F1
transaction CRWV Class A Common Stock Sale $200,000 -5,000 -5% $40.00 95,000 27 Mar 2025 Jackfruit 2024 GRAT F1, F2
transaction CRWV Class A Common Stock Options Exercise $59,356 +107,920 $0.5500 107,920 14 Nov 2024 Direct F3
transaction CRWV Class A Common Stock Options Exercise $70,460 +27,740 +26% $2.54 135,660 14 Nov 2024 Direct F3
transaction CRWV Class A Common Stock Sale $6,376,020 -135,660 -100% $47.00 0 14 Nov 2024 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRWV Stock Option (Right to Buy) Options Exercise $0 -69,460 -19% $0.000000 302,800 27 Mar 2025 Class A Common Stock 69,460 $2.54 Direct F5
transaction CRWV Stock Option (Right to Buy) Options Exercise $0 -107,920 -8.5% $0.000000 1,160,820 14 Nov 2024 Class A Common Stock 107,920 $0.5500 Direct F3, F6
transaction CRWV Stock Option (Right to Buy) Options Exercise $0 -27,740 -6.9% $0.000000 372,260 14 Nov 2024 Class A Common Stock 27,740 $2.54 Direct F3, F5
transaction CRWV Restricted Stock Units Award $0 +69,560 $0.000000 69,560 13 Mar 2025 Class A Common Stock 69,560 Direct F3, F7, F8, F9, F10
transaction CRWV Restricted Stock Units Award $0 +120 $0.000000 120 13 Mar 2025 Class A Common Stock 120 Direct F3, F7, F8, F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported sale transaction represents the reporting person's participation in the Issuer's secondary offering, which occurred in conjunction with its initial public offering ("IPO").
F2 The reported securities are directly held by the Jackfruit 2024 GRAT, of which the reporting person is the sole trustee and beneficiary.
F3 The transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's IPO, and the transaction is reported herein pursuant to Rule 16a-2(a). All numbers of shares and prices set forth in this Form 4 have been adjusted to reflect a one for twenty forward stock split of all classes of the Issuer's capital stock effected on March 14, 2025.
F4 On November 14, 2024, the reporting person sold 135,660 shares of the Issuer's Class A Common Stock to a third party in an Issuer-sponsored tender offer. This pre-IPO transaction represents a reduction in the reporting person's direct beneficial ownership.
F5 The option vested or vests as to 1/48 of the total award monthly, with the first tranche vesting on August 16, 2023, and each subsequent tranche vesting on the monthly anniversary thereof, subject to the reporting person's continued service to the Issuer on each vesting date.
F6 The option is fully vested. Pursuant to the terms of the reporting person's award agreement with the Issuer, the award became fully vested on March 1, 2025.
F7 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F8 This restricted stock unit award represents an equity security previously reported on the reporting person's Form 3, which was acquired through an exempt transaction with the Issuer.
F9 The award was granted subject to a performance-based vesting condition which was satisfied in connection with the Issuer's IPO, as well as a service-based vesting schedule. The award shall vest as to 1/16 of the total award on the 20th calendar day of May, August, and November, and February, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vesting on May 20, 2025.
F10 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F11 The award was granted subject to a performance-based vesting condition which was satisfied in connection with the Issuer's IPO, as well as a service-based vesting schedule. The award shall vest as to 1/4 of the total award on March 31, 2026, and thereafter shall vest as to 1/16 of the total award on the last calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date.