Chaudhary Ashish 4
4 · Weave Communications, Inc. · Filed Nov 8, 2022
Insider Transaction Report
Form 4
Chaudhary Ashish
Chief Technology Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2022-11-04−50,000→ 0 totalExercise: $19.60Exp: 2031-09-05→ Common Stock (50,000 underlying) - Award
Stock Option (right to buy)
2022-11-04+50,000→ 50,000 totalExercise: $7.00Exp: 2031-09-05→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]The stock option vested and became exercisable as to 1/4th of the total number of shares on September 6, 2022, and thereafter vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.
- [F2]The transaction reported herein reflects a one-time stock option repricing that became effective on November 4, 2022 and is being reported in this manner solely to comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934, as amended. There have been no other changes to the terms of these options.