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Butterfly Network, Inc. — Director's Dealing 2021
Feb 17, 2021
32836_dirs_2021-02-16_492090e4-1ba0-43f1-a4a7-2abae739b480.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Butterfly Network, Inc. (BFLY)
CIK: 0001804176
Period of Report: 2021-02-12
Reporting Person: ROTHBERG JONATHAN M (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-12 | Class A Common Stock | A | 1038300 | — | Acquired | 1038300 | Direct |
| 2021-02-12 | Class B Common Stock | A | 15919141 | — | Acquired | 15919141 | Indirect |
| 2021-02-12 | Class B Common Stock | A | 2621701 | — | Acquired | 2621701 | Indirect |
| 2021-02-12 | Class B Common Stock | A | 2621701 | — | Acquired | 2621701 | Indirect |
| 2021-02-12 | Class B Common Stock | A | 2621701 | — | Acquired | 2621701 | Indirect |
| 2021-02-12 | Class B Common Stock | A | 2642693 | — | Acquired | 2642693 | Indirect |
| 2021-02-16 | Class A Common Stock | A | 13157 | $0.00 | Acquired | 13157 | Direct |
Footnotes
F1: Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock upon vesting. The RSUs vest in 8 equal quarterly installments beginning on March 31, 2021.
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 1,000,000 RSUs of Butterfly.
F3: Received in connection with the Merger in exchange for 15,331,929 shares of Butterfly Series A preferred stock.
F4: Dr. Rothberg is the Manager of 4C Holdings I, LLC, 4C Holdings II, LLC, 4C Holdings III, LLC, 4C Holdings IV, LLC and 4C Holdings V, LLC. Dr. Rothberg disclaims beneficial ownership of the securities held by these entities except to the extent of his pecuniary interest therein.
F5: Received in connection with the Merger in exchange for 2,524,994 shares of Butterfly Series A preferred stock.
F6: Received in connection with the Merger in exchange for 2,524,994 shares of Butterfly Series A preferred stock.
F7: Received in connection with the Merger in exchange for 2,524,994 shares of Butterfly Series A preferred stock.
F8: Received in connection with the Merger in exchange for 2,545,212 shares of Butterfly Series A preferred stock.
F9: Consists of RSUs. Each RSU represents the right to receive one share of common stock upon vesting. The RSUs vest in equal annual installments over three years beginning on February 16, 2022, subject to Dr. Rothberg's continued service through the applicable vesting date.