Key facts
- This page summarizes Catalyst Investors Partners IV, L.P.'s Form 4 filing for Weave Communications, Inc. (WEAV).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 23 Aug 2024, 21:07.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Other
Additional SEC filing notes
Section 16 status
Catalyst Investors Partners IV, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote F1
Catalyst Investors Partners IV, L.P. (the "CIPIV GP") serves as the general partner of Catalyst Investors IV, L.P. (the "CIIV Fund") and Catalyst Investors QP IV, L.P. (the "CIQP Fund," and, together with the CIIV Fund, the "CI Funds"). Catalyst Investors Partners IV, L.L.C. (the "CIP IV LLC GP," together with CIPIV GP, the CIIV Fund, and the CIQP Fund, the "Reporting Persons") is the general partner of CIPIV GP.
Footnote F2
As of August 21, 2024 (the "Reporting Date") and after the Pro-Rata Distribution (as defined below), (i) the CIIV Fund holds 345,452 shares of common stock, par value $0.0001 per share (the "Common Stock") of Weave Communications, Inc. (the "Issuer") and (ii) the CIQP Fund holds 6,657,067 shares of the Issuer's Common Stock. On the Reporting Date, and in the aggregate, the Reporting Persons distributed to their respective investors, 500,000 shares of the Issuer's Common Stock on a pro-rata basis for no consideration (the "Pro-Rata Distribution"). [Continued in note 3].
Footnote F3
The shares of the Issuer's Common Stock referenced in note 2 include 74,097 restricted stock units (the "RSUs") granted to Tyler Newton, a (x) member of the Issuer's board of directors and (y) direct and/or indirect investor in one or more of the Reporting Persons, their affiliates, or their nominees. Mr. Newton is holding the RSUs for the benefit of one or more of the CI Funds. Of the 74,097 RSUs, 54,714 RSUs have vested, and the balance, 19,383 RSUs, will vest on the earlier of (a) May 22, 2025 and (b) the date of the first annual meeting of the Issuer's stockholders following May 22, 2024. Each RSU, upon vesting, is exchangeable for one share of the Issuer's Common Stock.
Footnote F4
As of the Reporting Date, in the aggregate, the CI Entity's no longer beneficially hold in excess of 10% of the outstanding shares of the Issuer's Common Stock.
Footnote F5
Mr. Newton separately files with the U.S. Securities and Exchange Commission the statements required pursuant to Section 16 of the Securities Exchange Act of 1934 (the "Act") with respect to his holdings of the Issuer's securities. Each of the Reporting Person's interest in the Issuer's securities is limited to the extent of such Reporting Person's pecuniary interest in such securities, if any, and neither the filing of this statement nor any of its contents will be deemed to constitute an admission by any Reporting Person, Mr. Newton, or any other person/entity that he or it was, or is, the beneficial owner of any of the Issuer's securities for purposes of Section 16 of the Act, or for any other purpose.