Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1) | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | ||||||||||||||||||||||||||||
Equity | Common Stock, $0.00001 par value per share | ||||||||||||||||||||||||||||||||||
-Reserved for future issuance under the 2021 Equity Incentive Plan | Rule 457(c) and Rule 457(h) | 3,286,952(2) | $4.58(3) | $15,054,241 | $110.20 | $1,659 | |||||||||||||||||||||||||||||
-Reserved for future issuance under the 2021 Employee Stock Purchase Plan | Rule 457(c) and Rule 457(h) | 657,390(4) | $3.90(5) | $2,563,821 | $110.20 | $283 | |||||||||||||||||||||||||||||
-Reserved for future issuance under the 2022 Inducement Equity Incentive Plan | Rule 457(c) and Rule 457(h) | 7,000,000(6) | $4.58(7) | $32,060,000 | $110.20 | $3,534 | |||||||||||||||||||||||||||||
Total Offering Amounts | $49,678,062 | $5,476 | |||||||||||||||||||||||||||||||||
Total Fee Offsets | —(8) | ||||||||||||||||||||||||||||||||||
Net Fee Due | $5,476 |
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), the registration statement on Form S-8 (the “Registration Statement”) shall also cover any additional shares of the common stock of Weave Communications, Inc. (the “Registrant”) that become issuable in respect of the securities identified in the above table by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the Registrant’s receipt of consideration that results in an increase in the number of the outstanding shares of the Registrant’s common stock. | ||||
(2) | Represents 3,286,952 additional shares of the Registrant’s common stock that were automatically added to the shares authorized for issuance under the Registrant’s 2021 Equity Incentive Plan (the “2021 Plan”) on January 1, 2023, pursuant to an annual “evergreen” increase provision contained in the 2021 Plan. | ||||
(3) | Estimated in accordance with Rules 457(c) and (h) of the Securities Act, solely for the purpose of calculating the registration fee. The proposed maximum offering price per share of $4.58 was computed by averaging the high and low prices of a share of the Registrant’s common stock as reported on the New York Stock Exchange on March 13, 2023. | ||||
(4) | Represents 657,390 additional shares of the Registrant’s common stock that were automatically added to the shares authorized for issuance under the Registrant’s Employee Stock Purchase Plan (the “ESPP”) on January 1, 2023, pursuant to an annual “evergreen” increase provision contained in the ESPP. | ||||
(5) | Estimated in accordance with Rules 457(c) and (h) of the Securities Act, solely for the purpose of calculating the registration fee. The proposed maximum offering price per share is equal to 85% of $4.58, which was computed by averaging the high and low prices of a share of the Registrant’s common stock as reported on the New York Stock Exchange on March 13, 2023. Under the ESPP, the purchase price of a share of common stock is equal to 85% of the fair market value of the Registrant’s common stock on the offering date or the purchase date, whichever is less. | ||||
(6) | Represents 7,000,000 underlying shares of the Registrant’s common stock that were reserved for issuance under the Registrant’s 2022 Inducement Equity Incentive Plan. | ||||
(7) | Estimated in accordance with Rules 457(c) and (h) of the Securities Act, solely for the purpose of calculating the registration fee. The proposed maximum offering price per share of $4.58 was computed by averaging the high and low prices of a share of the Registrant’s common stock as reported on the New York Stock Exchange on March 13, 2023. | ||||
(8) | The Registrant does not have any fee offsets. |