Blake G. Modersitzki - 21 May 2025 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
23 May 2025, 16:18:49 UTC
Prior SEC filing
19 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Erin Goodsell, as Attorney-in-Fact

Key filing fact

Blake G. Modersitzki filed Form 4 for Weave Communications, Inc. (WEAV) on 23 May 2025.

Key facts

  • This page summarizes Blake G. Modersitzki's Form 4 filing for Weave Communications, Inc. (WEAV).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 23 May 2025, 16:18.

Change

  • Previous filing in this sequence was filed on 19 Feb 2025.
  • 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

Reporting Owners (1)

CIK 0001366065 Primary reporting owner

Modersitzki Blake G

Relationship
Director
Address
14761 S FUTURE WAY, SUITE 500, DRAPE
Signature
/s/ Erin Goodsell, as Attorney-in-Fact
Signature date
23 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WEAV transaction

Common Stock

Award

Transaction value
$0
Shares
+18,078
Change %
+16%
Price
$0.000000
Shares after
129,175
Date
21 May 2025
Ownership
Direct
Footnotes
F1
WEAV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,620,112
Date
21 May 2025
Ownership
By Pelion Ventures VI, L.P.
Footnotes
F2
WEAV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
530,529
Date
21 May 2025
Ownership
By Pelion Ventures VII, L.P.
Footnotes
F3
WEAV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
109,323
Date
21 May 2025
Ownership
By Pelion Ventures VII-A, L.P.
Footnotes
F4
WEAV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
59,592
Date
21 May 2025
Ownership
By Pelion Ventures VII-Entrepreneurs Fund, L.P.
Footnotes
F5
WEAV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
179,153
Date
21 May 2025
Ownership
By Pelion Ventures VI-A, L.P.
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents 18,078 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 21, 2026 and (ii) the date of the first annual meeting of the Issuer's stockholders following May 21, 2025. 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).

Footnote F2

Pelion Venture Partners VI, L.L.C. ("PVP VI") is the sole general partner of Pelion Ventures VI, L.P. ("PV VI") and Pelion Ventures VI-A, L.P. ("PV VI-A"). The Reporting Person is the managing director of PVP VI and PV VI-A and may be deemed to exercise voting and dispositive power over the shares held by PV VI and PV VI-A. The Reporting Person disclaims beneficial ownership of the shares held by PV VI and PV VI-A except to the extent of his pecuniary interest therein.

Footnote F3

Pelion Venture Partners VII, L.L.C. ("PVP VII") is the sole general partner of Pelion Ventures VII, L.P. ("PV VII"), Pelion Ventures VII-A, L.P. ("PV VII-A") and Pelion Ventures VII-Entrepreneurs Fund, L.P. ("PV VII-Entrepreneurs") . The Reporting Person is a managing director of PVP VII, PV VII-A and PV VII-Entrepreneurs and may be deemed to share voting and dispositive power over the shares held by PVP VII, PV VII-A and PV VII-Entrepreneurs. The Reporting Person disclaims beneficial ownership of the shares held by PVP VII, PV VII-A and PV VII-Entrepreneurs except to the extent of his pecuniary interest therein.

Footnote F4

Shares are held by Pelion Ventures VII-A, L.P. ("PV VII-A"). PVP VII is the sole general partner of PV VII-A. The Reporting Person is a managing director of PVP VII and may be deemed to share voting and dispositive power over the shares held by PV VII-A. The Reporting Person disclaims beneficial ownership of the shares held by PV VII-A except to the extent of his pecuniary interest therein.

Footnote F5

Shares are held by Pelion Ventures VII-Entrepreneurs Fund, L.P. ("PV VII-Entrepreneurs"). PVP VII is the sole general partner of PV VII-Entrepreneurs. The Reporting Person is a managing director of PVP VII and may be deemed to share voting and dispositive power over the shares held by PV VII-Entrepreneurs. The Reporting Person disclaims beneficial ownership of the shares held by PV VII-Entrepreneurs except to the extent of his pecuniary interest therein.

Footnote F6

Shares are held by Pelion Ventures VI-A, L.P. ("PV VI-A"). PVP VI is the sole general partner of PV VI-A. The Reporting Person is the managing director of PVP VI and may be deemed to exercise voting and dispositive power over the shares held by PV VI-A. The Reporting Person disclaims beneficial ownership of the shares held by PV VI-A except to the extent of his pecuniary interest therein.

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