Erin Goodsell - Mar 15, 2024 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Role
Chief Legal Officer & Corp.Sec
Signature
/s/ Erin Goodsell
Stock symbol
WEAV
Transactions as of
Mar 15, 2024
Transactions value $
-$143,599
Form type
4
Date filed
3/19/2024, 04:07 PM
Previous filing
Feb 20, 2024
Next filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Tax liability -$144K -12.8K -2.12% $11.26 590K Mar 15, 2024 Direct F1
transaction WEAV Common Stock Award $0 +115K +19.5% $0.00 705K Mar 15, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's Common Stock were withheld by the Issuer to satisfy tax obligations relating to the acquisition of shares of the Issuer's Common Stock in connection with the settlement of the vested portion of restricted stock units.
F2 Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU"). The RSU will vest as to 33% of the total number of shares on March 15, 2025, and the remainder in equal quarterly installments over the two years thereafter, until such time as the RSU is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.