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Butterfly Network, Inc. — Director's Dealing 2021
Feb 17, 2021
32836_dirs_2021-02-16_5b9db589-b4b5-47bd-b516-0841e0a673b7.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Butterfly Network, Inc. (BFLY)
CIK: 0001804176
Period of Report: 2021-02-12
Reporting Person: Rothberg Michael (10% Owner)
Reporting Person: Rothberg Family Fund I, LLC (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 908512 | Indirect |
| Class A Common Stock | 28120307 | Indirect |
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 875,000 shares of Butterfly common stock.
F2: Mr. Rothberg is the Trustee of the Michael J. Rothberg Family Trust and the Manager of the Rothberg Family Fund I, LLC. Mr. Rothberg disclaims beneficial ownership of the securities held by these entities except to the extent of his pecuniary interest therein.
F3: Received in connection with the Merger in exchange for 25,000,000 shares of Butterfly Series B preferred stock, 2,037,432 and shares of Butterfly Series D preferred stock and upon conversion of an aggregate principal amount of $456,900, plus accrued but unpaid interest, of Butterfly convertible notes, based on a conversion price of $10.00 per share.