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Bessemer Venture Partners IX Institutional L.P.'s Form 4 filing

Weave Communications, Inc. (WEAV) · filed Jul 26, 2023

Accession no.
0000950170-23-034882
Filed
Jul 26, 2023, 7:48 PM ET
Trade date
Jul 25-26, 2023
Filing delay
1 day
Rule 10b5-1 plan
Not checked

This filing lists 2 non-derivative transactions. Open-market sales total $1.88M. It was filed 1 day after the trade.

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 25, 2023Common StockSSaleDisposed−15,200$11.10F1−$168,7207,416,155Indirect
Jul 26, 2023Common StockSSaleDisposed−149,496$11.48F4−$1,716,214.087,266,659Indirect

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 25, 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 8,439 shares and 6,761 shares of Common Stock of Weave Communications, Inc., respectively, at a weighted average price of $11.10. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.15. 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.

F4

On July 26, 2023, BVP IX and BVP IX Inst sold 83,000 shares and 66,496 shares of Common Stock of Weave Communications, Inc., respectively, at a weighted average price of $11.48. These shares were sold in multiple transactions at prices ranging from $11.25 to $11.85. 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.

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