Andrei G. Stoica - 01 Mar 2025 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role
Chief Technology Officer
Signature
/s / Heather C. Getz, Attorney-in-Fact
Issuer symbol
BFLY
Transactions as of
01 Mar 2025
Net transactions value
-$574,488
Form type
4
Filing time
04 Mar 2025, 21:10:14 UTC
Previous filing
03 Jan 2025
Next filing
28 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFLY Class A Common Stock Award $0 +328,947 +22% $0.000000 1,794,941 01 Mar 2025 Direct F1, F2
transaction BFLY Class A Common Stock Tax liability $539,734 -178,130 -9.9% $3.03 1,616,811 03 Mar 2025 Direct F3
transaction BFLY Class A Common Stock Tax liability $34,754 -11,470 -0.71% $3.03 1,605,341 04 Mar 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Class A Common Stock upon vesting. The RSUs vest in three equal annual installments following March 1, 2025, subject to the Reporting Person's continued service on each such vesting date.
F2 Includes 16,757 shares acquired under the Issuer's employee stock purchase plan on December 31, 2024.
F3 Shares withheld by the Registrant to cover tax withholding obligations in connection with the vesting of RSUs that were granted on March 1, 2023 and March 6, 2024.
F4 Shares withheld by the Registrant to cover tax withholding obligations in connection with the vesting of RSUs that were granted on March 4, 2022.

Remarks:

Exhibit 24 - Power of Attorney