Form 4 for BFLY Butterfly Network, Inc.
Accepted 2021-08-24 00:00:00 ET · period of report 2021-08-23 · accession 0001562180-21-005551 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-08-24 | 2021-08-23 | BFLY | Perri David | COO | M - OptEx | $4.84 | +75.7K | 75.7K | New | +$366.4K |
| DM | 2021-08-24 | 2021-08-23 | BFLY | Perri David | COO | S - Sale+OE | $11.06 | -75.7K | 0 | -100% | -$837.3K |
| DM | 2021-08-24 | 2021-08-23 | BFLY | Perri David | COO | M - OptEx | $0.00 | -75.7K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-23 | M | A | 6,811 | $4.84 | 6,811 | D | — | — | |
| 2 | Common | Common Stock | 2021-08-23 | M | A | 68,894 | $4.84 | 75,705 | D | — | — | |
| 3 | Common | Common Stock | 2021-08-23 | S | D | 6,811 | $11.06 | 68,894 | D | — | — | (F1) Represents the weighted average sales price per share. The shares sold at prices ranging from $11.00 to $11.18 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
| 4 | Common | Common Stock | 2021-08-23 | S | D | 68,894 | $11.06 | 0 | D | — | — | (F1) Represents the weighted average sales price per share. The shares sold at prices ranging from $11.00 to $11.18 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
| 5 | Derivative | Stock Option (Right to Buy) | 2021-08-23 | M | D | 6,811 | $0.00 | 0 | D | $4.84 · — to 2030-04-23 | 6,811 Common Stock | (F2) 25% of the shares subject to the option vested on March 31, 2021, and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, with six months of accelerated vesting pursuant to a Separation Agreement between the Issuer and the Reporting Person dated as of July 28, 2021. |
| 6 | Derivative | Stock Option (Right to Buy) | 2021-08-23 | M | D | 68,894 | $0.00 | 0 | D | $4.84 · — to 2030-04-23 | 68,894 Common Stock | (F2) 25% of the shares subject to the option vested on March 31, 2021, and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, with six months of accelerated vesting pursuant to a Separation Agreement between the Issuer and the Reporting Person dated as of July 28, 2021. |