Butterfly Network, Inc. — Director's Dealing 2021

Feb 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Butterfly Network, Inc. (BFLY)
CIK: 0001804176
Period of Report: 2021-02-12

Reporting Person: Shahida Darius (CSO and CBDO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-12	Class A Common Stock	A	519150	—	Acquired	519150	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-12	Stock Option (right to buy)	$2.48	A	155745	Acquired	2028-01-16	Class A Common Stock (155745)	Direct
2021-02-12	Stock Option (right to buy)	$4.16	A	155745	Acquired	2028-09-18	Class A Common Stock (155745)	Direct
2021-02-12	Stock Option (right to buy)	$4.84	A	207660	Acquired	2030-01-21	Class A Common Stock (207660)	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 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.