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Butterfly Network, Inc. Director's Dealing 2021

Feb 17, 2021

32836_dirs_2021-02-16_dab43bc6-fad4-4015-9700-b0a1fd4974df.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: Molinari Gioel (EVP and CPO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-12 Class A Common Stock A 376383 Acquired 376383 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-02-12 Stock Option (right to buy) $1.77 A 1972770 Acquired 2027-04-06 Class A Common Stock (1855961) Direct
2021-02-12 Stock Option (right to buy) $9.40 A 103830 Acquired 2030-12-17 Class A Common Stock (103829) Direct

Footnotes

F1: 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 362,500 shares of Butterfly common stock.

F2: The shares underlying this option vested as to 25% on March 31, 2018, with the remainder vesting in 36 equal monthly installments thereafter, subject to the Mr. Molinari's continued service through the applicable vesting date.

F3: Received in connection with the Merger in exchange for a stock option to acquire 1,900,000 shares of Butterfly common stock for $1.83 per share.

F4: The shares underlying this option vest in 48 equal monthly installments beginning on January 31, 2021, subject to the Mr. Molinari's continued service through the applicable vesting date.

F5: Received in connection with the Merger in exchange for a stock option to acquire 100,000 shares of Butterfly common stock for $9.75 per share.