Carfora Dawn 4
4 · Butterfly Network, Inc. · Filed Feb 16, 2021
Insider Transaction Report
Form 4
Carfora Dawn
Director
Transactions
- Award
Class A Common Stock
2021-02-12+12,009→ 12,009 total - Award
Class A Common Stock
2021-02-16+13,157→ 13,157 total
Footnotes (2)
- [F1]In connection with the closing of the transactions contemplated by the Business Combination Agreement, dated as of November 19, 2020, by and among Longview Acquisition Corp. ("Longview"), Clay Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Longview ("Merger Sub"), and Butterfly Network, Inc., a Delaware corporation ("Butterfly"), pursuant to which Merger Sub merged with and into Butterfly, with Butterfly surviving as a wholly-owned subsidiary of Longview (which changed its name to "Butterfly Network, Inc.", the "Issuer"), these shares were received upon conversion of an aggregate principal amount of $118,443, plus accrued but unpaid interest, of Butterfly convertible notes, based on a conversion price of $10.00 per share.
- [F2]Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock upon vesting. The RSUs vest in equal annual installments over three years beginning on February 16, 2022, subject to Ms. Carfora's continued service through the applicable vesting date.