4//SEC Filing
Shahida Darius 4
Accession 0001104659-21-024553
CIK 0001804176other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 8:58 PM ET
Size
13.4 KB
Accession
0001104659-21-024553
Insider Transaction Report
Form 4
Shahida Darius
CSO and CBDO
Transactions
- Award
Class A Common Stock
2021-02-12+519,150→ 519,150 total - Award
Stock Option (right to buy)
2021-02-12+155,745→ 155,745 totalExercise: $2.48Exp: 2028-01-16→ Class A Common Stock (155,745 underlying) - Award
Stock Option (right to buy)
2021-02-12+155,745→ 155,745 totalExercise: $4.16Exp: 2028-09-18→ Class A Common Stock (155,745 underlying) - Award
Stock Option (right to buy)
2021-02-12+207,660→ 207,660 totalExercise: $4.84Exp: 2030-01-21→ Class A Common Stock (207,660 underlying)
Footnotes (8)
- [F1]Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock upon vesting. The RSUs vest as to 50% of the shares on December 17, 2021, with the remainder vesting in 4 equal quarterly installments thereafter, subject to Mr. Shahida'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"), these shares were received in exchange for 500,000 RSUs of Butterfly.
- [F3]The shares underlying this option are fully vested.
- [F4]Received in connection with the Merger in exchange for a stock option to acquire 150,000 shares of Butterfly common stock for $2.57 per share.
- [F5]The shares underlying this option vest in equal monthly installments over 48 months beginning on September 30, 2018, subject to Mr. Shahida's continued service through the applicable vesting date.
- [F6]Received in connection with the Merger in exchange for a stock option to acquire 150,000 shares of Butterfly common stock for $4.31 per share.
- [F7]The shares underlying this option vested as to 50% on November 2, 2020, with the remainder vesting in 24 equal monthly installments thereafter, subject to Mr. Shahida's continued service through the applicable vesting date.
- [F8]Received in connection with the Merger in exchange for a stock option to acquire 200,000 shares of Butterfly common stock for $5.02 per share.
Documents
Issuer
Butterfly Network, Inc.
CIK 0001804176
Entity typeother
Related Parties
1- filerCIK 0001840972
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 8:58 PM ET
- Size
- 13.4 KB