08/15/2024 | Press release | Distributed by Public on 08/15/2024 17:35
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Title of Derivate Security | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security | 8. Price of Derivative Security | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) | 11. Nature of Indirect Beneficial Ownership |
Code | V | (A) | (D) | Date Exercisable | Expriation Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Catalyst Investors Partners IV, L.P. 261 FIFTH AVENUE, SUITE 1102 NEW YORK, NY10016 |
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Catalyst Investors QP IV, L.P. 261 FIFTH AVENUE, SUITE 1102 NEW YORK, NY10016 |
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Catalyst Investors IV, L.P. 261 FIFTH AVENUE, SUITE 1102 NEW YORK, NY10016 |
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Catalyst Investors Partners IV, L.L.C. 261 FIFTH AVENUE, SUITE 1102 NEW YORK, NY10016 |
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Catalyst Investors Partners IV, L.P. By: Catalyst Investors Partners IV, L.L.C. Its: General Partner By: /s/ Brian A. Rich, President | 2024-08-15 |
**Signature of Reporting Person | Date |
Catalyst Investors QP IV, L.P. By: Catalyst Investors Partners IV, L.P. Its: General Partner By: Catalyst Investors Partners IV, L.L.C. Its: General Partner By: /s/ Brian A. Rich, President | 2024-08-15 |
**Signature of Reporting Person | Date |
Catalyst Investors IV, L.P. By: Catalyst Investors Partners IV, L.P. Its: General Partner By: Catalyst Investors Partners IV, L.L.C. Its: General Partner By: /s/ Brian A. Rich, President | 2024-08-15 |
**Signature of Reporting Person | Date |
Catalyst Investors Partners IV, L.L.C. By: /s/ Brian A. Rich, President | 2024-08-15 |
**Signature of Reporting Person | Date |
(*) | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
(**) | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Catalyst Investors Partners IV, L.P. (the "CIPIV GP") serves as the general partner of Catalyst Investors IV, L.P. (the "CIIV Fund") and Catalyst Investors QP IV, L.P. (the "CIQP Fund," and, together with the CIIV Fund, the "CI Funds"). Catalyst Investors Partners IV, L.L.C. (the "CIP IV LLC GP," together with CIPIV GP, the CIIV Fund, and the CIQP Fund, the "Reporting Persons") is the general partner of CIPIV GP. |
(2) | As of August 13, 2024 (the "Reporting Date") and after the Pro-Rata Distribution (as defined below), (i) the CIIV Fund holds 370,587 shares of common stock, par value $0.0001 per share (the "Common Stock") of Weave Communications, Inc. (the "Issuer") and (ii) the CIQP Fund holds 7,131,932 shares of the Issuer's Common Stock. On the Reporting Date, and in the aggregate, the Reporting Persons distributed to their respective investors, 500,000 shares of the Issuer's Common Stock on a pro-rata basis for no consideration (the "Pro-Rata Distribution"). [Continued in note 3]. |
(3) | The shares of the Issuer's Common Stock referenced in note 2 include 74,097 restricted stock units (the "RSUs") granted to Tyler Newton, a (x) member of the Issuer's board of directors and (y) direct and/or indirect investor in one or more of the Reporting Persons, their affiliates, or their nominees. Mr. Newton is holding the RSUs for the benefit of one or more of the CI Funds. Of the 74,097 RSUs, 54,714 RSUs have vested, and the balance, 19,383 RSUs, will vest on the earlier of (a) May 22, 2025 and (b) the date of the first annual meeting of the Issuer's stockholders following May 22, 2024. Each RSU, upon vesting, is exchangeable for one share of the Issuer's Common Stock. |
(4) | Mr. Newton separately files with the U.S. Securities and Exchange Commission the statements required pursuant to Section 16 of the Securities Exchange Act of 1934 (the "Act") with respect to his holdings of the Issuer's securities. Each of the Reporting Person's interest in the Issuer's securities is limited to the extent of such Reporting Person's pecuniary interest in such securities, if any, and neither the filing of this statement nor any of its contents will be deemed to constitute an admission by any Reporting Person, Mr. Newton, or any other person/entity that he or it was, or is, the beneficial owner of any of the Issuer's securities for purposes of Section 16 of the Act, or for any other purpose. |