Perri David 4
4 · Butterfly Network, Inc. · Filed Feb 16, 2021
Insider Transaction Report
Form 4
Perri David
Chief Operating Officer
Transactions
- Award
Stock Option (right to buy)
2021-02-12+519,150→ 519,150 totalExercise: $4.84Exp: 2030-04-23→ Class A Common Stock (519,150 underlying) - Award
Stock Option (right to buy)
2021-02-12+519,150→ 519,150 totalExercise: $9.40Exp: 2030-12-17→ Class A Common Stock (519,150 underlying)
Footnotes (4)
- [F1]The shares underlying this option vest as to 25% on March 31, 2021, with the remainder vesting in 36 equal monthly installments thereafter, subject to the Mr. Perri's continued service through the applicable vesting date.
- [F2]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 (the "Merger"), with Butterfly surviving as a wholly-owned subsidiary of Longview (which changed its name to "Butterfly Network, Inc.", the "Issuer"), this stock option was received in exchange for a stock option to acquire 500,000 shares of Butterfly common stock for $5.02 per share.
- [F3]The shares underlying this option vest as to 25% on December 31, 2021, with the remainder vesting in 36 equal monthly installments thereafter, subject to Mr. Perri's continued service through the applicable vesting date.
- [F4]Received in connection with the Merger in exchange for a stock option to acquire 500,000 shares of Butterfly common stock for $9.75 per share.