InsiderTrades

Form 4 for WEAV Weave Communications, Inc.

Accepted 2021-11-15 00:00:00 ET · period of report 2021-11-11 · accession 0001567619-21-020522 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
DI 2021-11-15 2021-11-15 WEAV CROSSLINK CAPITAL INC 10% C - Cnv Deriv $0.00 +7.25M 8.88M +447% $0
DI 2021-11-15 2021-11-11 WEAV CROSSLINK CAPITAL INC 10% P - Purchase $24.00 +400.0K 1.62M +33% +$9.60M
DMI 2021-11-15 2021-11-15 WEAV CROSSLINK CAPITAL INC 10% C - Cnv Deriv $0.00 -7.25M 0 -100% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2021-11-15 C A 7,253,644 $0.00 8,877,201 I See Note 3 — — (F3) Certain of the Funds, including Crosslink Crossover Fund VII, L.P. ("Crossover VII") and Crosslink Ventures VII, L.P. ("Ventures VII"), hold these securities directly for the benefit of their investors. These securities are beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Mr. Stark as the control person of Crosslink. Crossover VII directly holds 2,872,838 shares of Common Stock, and Crossover Fund VII Management, L.L.C. ("Crossover GP") beneficially owns those shares indirectly as the general partner of Crossover VII. Ventures VII directly holds 2,836,322 shares of Common Stock. Ventures GP beneficially owns 4,943,691 shares of Common Stock indirectly as the general partner of Ventures VII and certain other Funds.
2 Common Common Stock 2021-11-11 P A 400,000 $24.00 1,623,557 I See Note 1 — — (F1) Crosslink Capital, Inc. ("Crosslink") is the investment adviser to private investment funds (the "Funds"). Certain of the Funds hold these securities directly for the benefit of their investors. These securities are beneficially owned indirectly by Crosslink as investment adviser to those Funds and by Michael J. Stark as control person of Crosslink.
3 Derivative Series C Convertible Preferred Stock 2021-11-15 C D 784,281 $0.00 0 I See Note 6 $0.00 · — to — 784,281 Common Stock (F6) Certain of the Funds, including Crossover VII and Ventures VII, held these securities directly for the benefit of their investors. These securities were beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Mr. Stark as the control person of Crosslink. Crossover VII directly held shares of Series C Convertible Preferred Stock that were convertible into 313,712 shares of Common Stock, and Crossover GP beneficially owned those shares indirectly as the general partner of Crossover VII. Ventures VII directly held shares of Series C Convertible Preferred Stock that were convertible into 306,671 shares of Common Stock. Ventures GP beneficially owned shares of Series C Convertible Preferred Stock that were convertible into 470,569 shares of Common Stock indirectly as general partner of Ventures VII and certain other Funds. (F2) Shares of the Issuer's Series B Convertible Preferred Stock, Series C Convertible Preferred Stock and Series D Convertible Preferred Stock converted into shares of Common Stock on a 1-for-1 basis immediately before the closing of the Issuer's initial public offering on November 15, 2021.
4 Derivative Series D Convertible Preferred Stock 2021-11-15 C D 71,550 $0.00 0 I See Note 7 $0.00 · — to — 71,550 Common Stock (F7) Certain of the Funds, including Ventures VII, held these securities directly for the benefit of their investors. These securities were beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Mr. Stark as the control person of Crosslink. Ventures VII directly held shares of Series D Convertible Preferred Stock that were convertible into 27,978 shares of Common Stock. Ventures GP beneficially owned shares of Series D Convertible Preferred Stock that were convertible into 42,930 shares of Common Stock indirectly as general partner of Ventures VII and certain other funds. (F2) Shares of the Issuer's Series B Convertible Preferred Stock, Series C Convertible Preferred Stock and Series D Convertible Preferred Stock converted into shares of Common Stock on a 1-for-1 basis immediately before the closing of the Issuer's initial public offering on November 15, 2021.
5 Derivative Series B Convertible Preferred Stock 2021-11-15 C D 6,397,813 $0.00 0 I See Note 5 $0.00 · — to — 6,397,813 Common Stock (F5) Certain of the Funds, including Crossover VII and Ventures VII, held these securities directly for the benefit of their investors. These securities were beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Mr. Stark as the control person of Crosslink. Crossover VII directly held shares of Series B Convertible Preferred Stock that were convertible into 2,559,126 shares of Common Stock, and Crossover GP beneficially owned those shares indirectly as the general partner of Crossover VII. Ventures VII directly held shares of Series B Convertible Preferred Stock that were convertible into 2,501,673 shares of Common Stock. Ventures GP beneficially owned shares of Series B Convertible Preferred Stock that were convertible into 3,838,687 shares of Common Stock indirectly as the general partner of Ventures VII and certain other Funds. (F2) Shares of the Issuer's Series B Convertible Preferred Stock, Series C Convertible Preferred Stock and Series D Convertible Preferred Stock converted into shares of Common Stock on a 1-for-1 basis immediately before the closing of the Issuer's initial public offering on November 15, 2021.