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4//SEC Filing

Perri David 4

Accession 0001104659-21-024550

CIK 0001804176other

Filed

Feb 15, 7:00 PM ET

Accepted

Feb 16, 8:56 PM ET

Size

8.9 KB

Accession

0001104659-21-024550

Insider Transaction Report

Form 4
Period: 2021-02-12
Perri David
Chief Operating Officer
Transactions
  • Award

    Stock Option (right to buy)

    2021-02-12+519,150519,150 total
    Exercise: $4.84Exp: 2030-04-23Class A Common Stock (519,150 underlying)
  • Award

    Stock Option (right to buy)

    2021-02-12+519,150519,150 total
    Exercise: $9.40Exp: 2030-12-17Class 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.

Issuer

Butterfly Network, Inc.

CIK 0001804176

Entity typeother

Related Parties

1
  • filerCIK 0001795696

Filing Metadata

Form type
4
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 8:56 PM ET
Size
8.9 KB