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Bessemer Venture Partners IX Institutional L.P.'s Form 4/A amendment

Amended

Weave Communications, Inc. (WEAV) · filed Jul 20, 2023

Accession no.
0000950170-23-033732
Filed
Jul 20, 2023, 9:10 PM ET
Trade date
Jul 17-18, 2023
Filing delay
3 days
Rule 10b5-1 plan
Not checked
Original filed
Jul 18, 2023

This filing lists 2 non-derivative transactions. Open-market sales total $1.40M. It was filed 3 days after the trade.

This amendment replaces 0000950170-23-033435 (filed Jul 18, 2023).

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Bessemer Venture Partners IX Institutional L.P.CIK 000162414910% Owner
Bessemer Venture Partners IX L.P.CIK 000165521310% Owner
Deer IX & Co. L.P.CIK 000165521910% Owner
Deer IX & Co. Ltd.CIK 000165522010% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 17, 2023Common StockSSaleDisposed−66,580$11.24F1−$748,359.27,500,079Indirect
Jul 18, 2023Common StockSSaleDisposed−57,483$11.26F4−$647,258.587,442,596Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

On July 17, 2023, Bessemer Venture Partners IX L.P. ("BVP IX") and Bessemer Venture Partners IX Institutional L.P. ("BVP IX Inst" and together with BVP IX the "BVP IX Funds") sold 36,965 shares and 29,615 shares, of Common Stock of Weave Communications, Inc., respectively, at a weighted average price of $11.24. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.45. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F2

After the July 17, 2023 trades, BVP IX and BVP IX Inst own 4,164,045 shares of Common Stock and 3,336,034 of Common Stock, respectivel

F3

Deer IX & Co. Ltd. ("Deer Ltd.") is the general partner of Deer IX & Co. L.P. ("Deer L.P."), which is the general partner of each of the Funds. Deer Ltd. and Deer L.P. disclaim beneficial ownership of the securities held by the BVP IX Funds, and this report shall not be deemed an admission that Deer Ltd. and Deer L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect general partner interests in the BVP IX Funds.

F4

On July 18, 2023,BVP IX and BVP IX Inst sold 31,915 shares and 25,568 shares, of Common Stock of Weave Communications, Inc., respectively, at a weighted average price of $11.26. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.38. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F5

As of the date hereof, BVP IX and BVP IX Inst own 4,132,130 shares of Common Stock and 3,310,466 of Common Stock, respectively.

Read the full filing on SEC EDGAR (opens in a new tab)