Glenn H. Hutchins - 14 Nov 2024 Form 4 Insider Report for CoreWeave, Inc. (CRWV)

Role
Director
Signature
/s/ Kristen McVeety, as Attorney-in-Fact
Issuer symbol
CRWV
Transactions as of
14 Nov 2024
Net transactions value
+$19,999,674
Form type
4
Filing time
13 May 2025, 20:00:51 UTC
Previous filing
04 Nov 2024
Next filing
04 Feb 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HUTCHINS GLENN H Director C/O COREWEAVE, INC., 290 WEST MT. PLEASANT AVENUE, SUITE 4100, LIVINGSTON /s/ Kristen McVeety, as Attorney-in-Fact 13 May 2025 0001027038

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRWV Class A Common Stock Options Exercise $0 +1,440 $0.000000 1,440 10 May 2025 Direct
transaction CRWV Class A Common Stock Options Exercise $0 +500 +35% $0.000000 1,940 10 May 2025 Direct
transaction CRWV Class A Common Stock Purchase $500,080 +10,640 $47.00 10,640 14 Nov 2024 By North Island Inferno Fund II LLC F1, F2, F3
transaction CRWV Class A Common Stock Purchase $9,500,580 +202,140 $47.00 202,140 14 Nov 2024 By Tide Mill LLC F1, F2, F4
transaction CRWV Class A Common Stock Purchase $1,309,802 +27,540 $47.56 27,540 03 Mar 2025 North Island SPV CW LLC F1, F5, F6
transaction CRWV Class A Common Stock Purchase $8,689,212 +182,700 +90% $47.56 384,840 03 Mar 2025 By Tide Mill LLC F1, F4, F5

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 Restricted Stock Units Options Exercise $0 -1,440 -8.3% $0.000000 15,900 10 May 2025 Class A Common Stock 1,440 Direct F7, F8, F9
transaction CRWV Restricted Stock Units Options Exercise $0 -500 -24% $0.000000 1,580 10 May 2025 Class A Common Stock 500 Direct F7, F9, F10
transaction CRWV Restricted Stock Units Award $0 +17,340 $0.000000 17,340 10 Feb 2025 Class A Common Stock 17,340 Direct F1, F7, F9, F11, F12
transaction CRWV Restricted Stock Units Award $0 +2,080 $0.000000 2,080 10 Feb 2025 Class A Common Stock 2,080 Direct F1, F7, F9, F11, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), in connection with the Issuer's initial public offering ("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.
F2 On November 14, 2024, each of North Island Inferno and Tide Mill (each defined below) purchased shares of the Issuer's capital stock in an Issuer-sponsored tender offer. These pre-IPO transactions represent an increase in the reporting person's indirect beneficial ownership.
F3 The reported securities are directly held by North Island Inferno Fund II LLC ("North Island Inferno"). The reporting person serves as investment manager for North Island Inferno and as such may be deemed to exercise shared voting and investment discretion over securities held by it. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein.
F4 The reported securities are directly held by Tide Mill LLC ("Tide Mill"). The managing member of Tide Mill is North Island Management, LLC ("NIM"). The reporting person serves as chairman of NIM and may be deemed to directly or indirectly exercise voting and investment discretion over the investments of NIM and Tide Mill. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein.
F5 On March 3, 2025, each of Tide Mill and North Island SPV (defined below) purchased shares of the Issuer's Class A Common Stock in private transactions. These pre-IPO transactions represent an increase in the reporting person's indirect beneficial ownership.
F6 The reported securities are directly held by North Island SPV CW LLC ("North Island SPV"). The reporting person serves as investment manager for North Island SPV and as such may be deemed to exercise shared voting and investment discretion over securities held by it. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein.
F7 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F8 The award vested or vests as to 1/12 of the total award on the tenth calendar day of May, August, 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 10, 2025.
F9 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F10 The award vested or vests as to 1/4 of the total award on the tenth calendar day of May, August, 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 10, 2025.
F11 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.
F12 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 1/12 of the total award on the tenth calendar day of May, August, 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 10, 2025.
F13 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 the tenth calendar day of May, August, 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 10, 2025.