Alan Taylor - Dec 12, 2024 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Signature
/s/ Erin Goodsell, as Attorney-in-Fact
Stock symbol
WEAV
Transactions as of
Dec 12, 2024
Transactions value $
-$244,860
Form type
4
Date filed
12/16/2024, 04:19 PM
Previous filing
Dec 9, 2024
Next filing
Dec 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Tax liability -$10.9K -699 -0.19% $15.56 361K Dec 12, 2024 Direct F1
transaction WEAV Common Stock Tax liability -$220K -14.2K -3.94% $15.46 347K Dec 13, 2024 Direct F1
transaction WEAV Common Stock Sale -$13.9K -891 -0.26% $15.56 346K Dec 13, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 Sale effected pursuant to a Rule 10b5-1 sales plan, adopted by the Reporting Person on June 7, 2024.