0000935836-24-000416.txt : 20240524
0000935836-24-000416.hdr.sgml : 20240524
20240524131155
ACCESSION NUMBER: 0000935836-24-000416
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240522
FILED AS OF DATE: 20240524
DATE AS OF CHANGE: 20240524
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CROSSLINK CAPITAL INC
CENTRAL INDEX KEY: 0001104329
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40998
FILM NUMBER: 24982944
BUSINESS ADDRESS:
STREET 1: 2180 SAND HILL ROAD
STREET 2: SUITE 200
CITY: MENLO PARK
STATE: CA
ZIP: 94025
BUSINESS PHONE: 4156933355
MAIL ADDRESS:
STREET 1: 2180 SAND HILL ROAD
STREET 2: SUITE 200
CITY: MENLO PARK
STATE: CA
ZIP: 94025
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Weave Communications, Inc.
CENTRAL INDEX KEY: 0001609151
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 263302902
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1331 W POWELL WAY
CITY: LEHI
STATE: UT
ZIP: 84043
BUSINESS PHONE: 888-579-5668
MAIL ADDRESS:
STREET 1: 1331 W POWELL WAY
CITY: LEHI
STATE: UT
ZIP: 84043
4
1
ownership.xml
X0508
4
2024-05-22
0
0001609151
Weave Communications, Inc.
WEAV
0001104329
CROSSLINK CAPITAL INC
2180 SAND HILL ROAD, SUITE 200
MENLO PARK
CA
94025
0
0
1
0
0
Common Stock
2024-05-22
4
A
0
17881
0
A
8945557
I
See Note 3
Common Stock
2024-05-22
4
A
0
1502
0
A
717603
I
See Note 4
Represents a total of 19,383 restricted stock units (the "RSUs") granted to David Silverman, a managing partner at Crosslink Capital, Inc. ("Crosslink") and a manager of Crosslink Capital Management, LLC ("CCM") as a director of the Issuer. Each RSU represents the right to receive one share of the Issuer's Common Stock upon vesting. The RSUs will vest in full on the earlier of (i) May 22, 2025, and (ii) the date of the first annual meeting of the Issuer's stockholders following May 22, 2024, and 19,383 share of Common Stock will be issued to private investment funds for which Crosslink or CCM serves as the investment adviser (the "Funds"). Such grant is exempt from Section 16(b) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d).
Crosslink, on behalf of its affiliated funds, investment vehicles and/or managed accounts, designated Mr. Silverman to be appointed to the Issuer's board of directors in October 2015. Pursuant to an agreement between Crosslink and Mr. Silverman, Mr. Silverman has agreed to pay Crosslink or its nominee all of his director compensation and has instructed the Issuer to pay all such compensation directly to Crosslink or its nominee. Accordingly, the Funds are the direct holders of the RSUs.
Certain of the Funds advised by Crosslink hold these securities directly for the benefit of their investors. These securities may be deemed to be beneficially owned indirectly by Crosslink as the investment adviser to those Funds and by Mr. Stark as the control person of Crosslink.
The securities are held directly by a Fund advised by CCM for the benefit of its investors. These securities may be deemed to be beneficially owned indirectly by CCM as the investment adviser to that Fund.
The reporting persons are Crosslink Capital, Inc. ("Crosslink"), Crosslik Capital Management, LLC ("CCM"), and Michael J. Stark. Crosslink is the investment adviser to certain Funds. Crosslink is filing this report on behalf of itself and the other reporting persons. The reporting persons are filing this Form 4 jointly, but not as a group. Crosslink and CCM are related entities and may constitute a group within the meaning of Rule 13d-5(b) under the Securities and Exchange Act of 1934. Each other reporting person expressly disclaims membership in a group. The reporting persons disclaim beneficial ownership of the securities reported herein except to the extent of their respective pecuniary interests therein.
/s/ Mihaly Szigeti, CCO
2024-05-24