Fruchterman Todd 4
4 · Butterfly Network, Inc. · Filed Jul 14, 2021
Insider Transaction Report
Form 4
Fruchterman Todd
DirectorPresident and CEO
Transactions
- Award
Class A Common Stock
2021-07-12+92,147→ 1,130,447 total - Award
Stock Options (Right to buy)
2021-07-12+186,992→ 186,992 totalExercise: $12.48Exp: 2031-07-11→ Common Stock (186,992 underlying)
Footnotes (2)
- [F1]This award vests based on performance criteria and time based vesting. If the performance measures are met, 66% of the earned portion of the award will vest on February 15, 2023, with the remainder of the earned portion of the award to vest in four equal quarterly installments over the following year, subject to continued service to the Company through the applicable vesting dates.
- [F2]This award will vest on as to 33% of the award on February 15, 2022, with the remainder of the award to vest in equal monthly installments over the following two years, subject to continued service to the Company through the applicable vesting dates.