Stockholders approve one-time repricing of 1.16M options to $7.00 per share

Weave Communications, Inc.

Option repricing approved at special meeting; exercise price reduced to $7.00 for 1,159,479 shares.
Vote: 34,630,284 for, 9,279,150 against, 57,960 abstain; no broker non-votes.
Repricing excludes board, CEOs, and former employees; covers current service providers only.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Weave Communications, Inc. shareholders approved Repricing of eligible stock options to $7.00 per share under 2015 Equity Incentive Plan at the 2022-11-04 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2022-11-04

Exact text from the filing

1. Approval of the one-time repricing that will reduce the exercise price per share of each outstanding eligible option to $7.00 per share

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Weave Communications, Inc. filing history →

Source: SEC EDGAR

accession 0001609151-22-000050

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