Ashish Chaudhary - 04 Nov 2022 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Nov 2022, 18:46:57 UTC
Prior SEC filing
24 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Erin Goodsell, as Attorney-in-Fact

Key filing fact

Ashish Chaudhary filed Form 4 for Weave Communications, Inc. (WEAV) on 08 Nov 2022.

Key facts

  • This page summarizes Ashish Chaudhary's Form 4 filing for Weave Communications, Inc. (WEAV).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 08 Nov 2022, 18:46.

Change

  • Previous filing in this sequence was filed on 24 Mar 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WEAV transaction Derivative

Stock Option (right to buy)

Award

Transaction value
Shares
+50,000
Change %
Price
Shares after
50,000
Date
04 Nov 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,000
Exercise price
$7.00
Footnotes
F1, F2
WEAV transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares
-50,000
Change %
-100%
Price
Shares after
0
Date
04 Nov 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,000
Exercise price
$19.60
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The stock option vested and became exercisable as to 1/4th of the total number of shares on September 6, 2022, and thereafter vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.

Footnote F2

The transaction reported herein reflects a one-time stock option repricing that became effective on November 4, 2022 and is being reported in this manner solely to comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934, as amended. There have been no other changes to the terms of these options.

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