Erin Goodsell - 14 Feb 2025 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Role
Chief Legal Officer & Corp.Sec
Signature
/s/ Erin Goodsell
Issuer symbol
WEAV
Transactions as of
14 Feb 2025
Net transactions value
-$623,332
Form type
4
Filing time
19 Feb 2025, 16:03:16 UTC
Previous filing
16 Dec 2024
Next filing
21 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Sale $163,111 -9,310 -1.6% $17.52 584,364 14 Feb 2025 Direct F1, F2, F3
transaction WEAV Common Stock Sale $422,959 -24,364 -4.2% $17.36 560,000 18 Feb 2025 Direct F4
transaction WEAV Common Stock Sale $37,261 -2,128 -0.38% $17.51 557,872 18 Feb 2025 Direct F1, 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 Sale effected pursuant to a Rule 10b5-1 sales plan, adopted by the Reporting Person on May 16, 2024.
F2 Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $17.50 to $17.56. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Includes 801 shares acquired under the Issuer's employee stock purchase plan (the "ESPP") on February 14, 2025. The acquisition of these shares under the ESPP is exempt under Rule 16b-3(c).
F4 Represents the aggregate number of shares of the Issuer's common stock sold by the Reporting Person on February 18, 2025 to cover taxes due upon the release and settlement of the restricted stock units.