0001140361-23-020558.txt : 20230426
0001140361-23-020558.hdr.sgml : 20230426
20230426160229
ACCESSION NUMBER: 0001140361-23-020558
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230424
FILED AS OF DATE: 20230426
DATE AS OF CHANGE: 20230426
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DEVIVO JOSEPH
CENTRAL INDEX KEY: 0001258790
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39292
FILM NUMBER: 23849635
MAIL ADDRESS:
STREET 1: BUTTERFLY NETWORK, INC.
STREET 2: 1600 DISTRICT AVENUE
CITY: BURLINGTON
STATE: MA
ZIP: 01803
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Butterfly Network, Inc.
CENTRAL INDEX KEY: 0001804176
STANDARD INDUSTRIAL CLASSIFICATION: X-RAY APPARATUS & TUBES & RELATED IRRADIATION APPARATUS [3844]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1600 DISTRICT AVENUE
CITY: BURLINGTON
STATE: MA
ZIP: 01803
BUSINESS PHONE: 781-557-4800
MAIL ADDRESS:
STREET 1: 1600 DISTRICT AVENUE
CITY: BURLINGTON
STATE: MA
ZIP: 01803
FORMER COMPANY:
FORMER CONFORMED NAME: Longview Acquisition Corp.
DATE OF NAME CHANGE: 20200220
4
1
form4.xml
X0407
4
2023-04-24
0001804176
Butterfly Network, Inc.
BFLY
0001258790
DEVIVO JOSEPH
C/O BUTTERFLY NETWORK, INC.
1600 DISTRICT AVENUE
BURLINGTON
MA
01803
true
true
President & CEO
false
Class A Common Stock
2023-04-24
4
A
0
2400000
0
A
2400000
D
Class A Common Stock
2023-04-24
4
A
0
1600000
0
A
4000000
D
Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Class A Common Stock ("Common Stock") upon vesting. One-third of the RSUs underlying this grant vest on April 24, 2023, and the remainder shall vest on a pro rata annual basis over the next two years, subject to the Reporting Person's continued service through the applicable vesting date.
Consists of performance-based RSUs. The RSUs underlying this grant shall vest as follows: (i) one-third shall vest upon the achievement of a price for the Common Stock equal to or exceeding $3.00 per share, (ii) one-third shall vest upon the achievement of a price for the Common Stock equal to or exceeding $4.50 per share and (iii) one-third shall vest upon the achievement of a price for the Common Stock equal to or exceeding $6.00 per share. In each case, the closing stock price for 20 consecutive trading days must equal or exceed the share price targets, provided such share price is achieved prior to April 24, 2028, subject to the Reporting Person's continued service through the applicable vesting date.
/s / Lawrence T. Weiss, Attorney-in-Fact for Joseph DeVivo
2023-04-26