Fielding Stephanie 4
4 · Butterfly Network, Inc. · Filed Feb 16, 2021
Insider Transaction Report
Form 4
Fielding Stephanie
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2021-02-12+389,362→ 389,362 totalExercise: $9.40Exp: 2030-12-17→ Class A Common Stock (389,362 underlying) - Award
Class A Common Stock
2021-02-12+129,788→ 129,788 total
Footnotes (4)
- [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 25% of the shares on December 17, 2021, with the remainder vesting in 12 equal quarterly installments thereafter, subject to Ms. Fielding'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 RSUs were received in exchange for 125,000 RSUs of Butterfly.
- [F3]The shares underlying this option vest as to 25% on June 30, 2021, with the remainder vesting in 36 equal monthly installments thereafter, subject to Ms. Fielding's continued service through the applicable vesting date.
- [F4]Received in connection with the Merger in exchange for a stock option to acquire 375,000 shares of Butterfly common stock for $9.75 per share.