CROSSLINK CAPITAL INC - 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, 19:32:50 UTC
Prior SEC filing
09 Dec 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Maureen Offer, Chief Financial Officer

Key filing fact

CROSSLINK CAPITAL INC filed Form 4 for Weave Communications, Inc. (WEAV) on 23 May 2025.

Key facts

  • This page summarizes CROSSLINK CAPITAL INC's Form 4 filing for Weave Communications, Inc. (WEAV).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 23 May 2025, 19:32.

Change

  • Previous filing in this sequence was filed on 09 Dec 2024.
  • 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 0001104329 Primary reporting owner

CROSSLINK CAPITAL INC

Relationship
10%+ Owner
Address
2180 SAND HILL ROAD, SUITE 200, MENLO PARK
Signature
/s/ Maureen Offer, Chief Financial Officer
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
+16,677
Change %
+0.26%
Price
$0.000000
Shares after
6,376,270
Date
21 May 2025
Ownership
See Note
Footnotes
F1, F2, F3
WEAV transaction

Common Stock

Award

Transaction value
$0
Shares
+1,401
Change %
+0.2%
Price
$0.000000
Shares after
719,004
Date
21 May 2025
Ownership
See Note
Footnotes
F1, F2, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

CROSSLINK CAPITAL INC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Represents a total of 18,078 restricted stock units (the "RSUs") granted to David Silverman, a managing partner at Crosslink Capital, Inc. ("Crosslink") and a manager of Crosslink Capital Management, LLC ("CCM") as a director of the Issuer. Each RSU 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, and 18,078 share of Common Stock will be issued to private investment funds for which Crosslink or CCM serves as the investment adviser (the "Funds"). Such grant is exempt from Section 16(b) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d).

Footnote F2

Crosslink, on behalf of its affiliated funds, investment vehicles and/or managed accounts, designated Mr. Silverman to be appointed to the Issuer's board of directors in October 2015. Pursuant to an agreement between Crosslink and Mr. Silverman, Mr. Silverman has agreed to pay Crosslink or its nominee all of his director compensation and has instructed the Issuer to pay all such compensation directly to Crosslink or its nominee. Accordingly, the Funds are the direct holders of the RSUs.

Footnote F3

Certain of the Funds advised by Crosslink hold these securities directly for the benefit of their investors. These securities may be deemed to be beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Mr. Stark as the control person of Cross link.

Footnote F4

The securities are held directly by a Fund advised by CCM for the benefit of its investors. These securities may be deemed to be beneficially owned indirectly by CCM as the investment adviser to that Fund.

SEC remarks

The reporting persons are Crosslink Capital, Inc. ("Crosslink"), Crosslink Capital Management, LLC ("CCM"), and Michael J. Stark. Crosslink and CCM are the investment advisers to certain private investment funds (the "Funds"). Crosslink is filing this report on behalf of itself and the other reporting persons. The reporting persons are filing this Form 4 jointly, but not as a group. Crosslink and CCM are related entities and may constitute a group within the meaning of Rule 13d-5(b) under the Securities and Exchange Act of 1934. Each other reporting person expressly disclaims membership in a group. The reporting persons disclaim beneficial ownership of the securities reported herein except to the extent of their respective pecuniary interests therein.

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