Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WEAV | Common Stock | Award | $0 | +19.4K | +0.23% | $0.00 | 8.5M | May 22, 2024 | Held by Catalyst Investors QP IV, L.P. | F1, F2, F3 |
Id | Content |
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F1 | Catalyst Investors, on behalf of its affiliated funds, investment vehicles and/or managed accounts, designated Mr. Newton to be appointed to the Issuer's board of directors in August 2017. Pursuant to an agreement between Catalyst Investors and Mr. Newton, Mr. Newton has agreed to pay Catalyst Investors or its nominee all of his director compensation and has instructed the Issuer to pay all such compensation directly to Catalyst Investors. Accordingly, Catalyst Investors or its nominee is the direct holder of the RSUs. |
F2 | Represents 19,383 restricted stock units (the "RSUs") granted to the Reporting Person as a director of the Issuer. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. The RSUs will vest in full on the earlier of (i) May 22, 2025 and (ii) the date of the first annual meeting of the Issuer's stockholders following May 22, 2024. Such grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d). |
F3 | Catalyst Investors Partners IV, L.P. ("CIP IV") serves as the general partner of Catalyst Investors IV, L.P. ("CI IV") and Catalyst Investors QP IV, L.P. ("CI QP IV"). Catalyst Investors Partners IV, L.L.C. ("CIP IV LLC") is the general partner of CIP IV. Brian A. Rich, Eugene L. Wolfson and D. Ryan McNally, who are managers of the board of CIP IV LLC, and Mr. Newton may be deemed to have shared voting and dispositive power with respect to the shares held by CI IV and CI QP IV. |
Catalyst Investors and its affiliates designated Tyler Newton to be appointed to the Issuer's board of directors in August 2017. Accordingly, Catalyst Investors and its affiliates listed hereon may be deemed to be a director by deputization for purposes of Section 16 of the Exchange Act.