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

Weave Communications, Inc. (WEAV) · filed Aug 2, 2023

Accession no.
0000950170-23-037492
Filed
Aug 2, 2023, 8:27 PM ET
Trade date
Aug 1-2, 2023
Filing delay
1 day
Rule 10b5-1 plan
Not checked

This filing lists 2 non-derivative transactions. Open-market sales total $795.2K. 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
Aug 1, 2023Common StockSSaleDisposed−37,789$11.65F1−$440,241.857,228,870Indirect
Aug 2, 2023Common StockSSaleDisposed−31,952$11.11F4−$354,986.727,196,918Indirect

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 August 01, 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 20,980 shares and 16,809 shares of Common Stock of Weave Communications, Inc., respectively, at a weighted average price of $11.65. These shares were sold in multiple transactions at prices ranging from $11.53 to $11.92. 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 August 2, 2023, BVP IX and BVP IX Inst sold 17,740 shares and 14,212 shares of Common Stock of Weave Communications, Inc., respectively, at a weighted average price of $11.11. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.40. 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)