Andrei G. Stoica - 19 Jul 2021 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role: Chief Technology Officer
Signature: /s/ Mary Miller, Attorney-in-Fact
Issuer symbol: BFLY
Transactions as of: 19 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 21 Jul 2021, 16:02:09 UTC
Next filing: 08 Mar 2022
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	+61,798		$0.000000	61,798	19 Jul 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BFLY	Stock Option (right to buy)	Award	$0	+121,771		$0.000000	121,771	19 Jul 2021	Class A Common Stock	121,771	$10.68	Direct	F2

* 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 common stock upon vesting. The RSUs vest as to 25% on September 30, 2022, with the remainder vesting in 12 equal quarterly installments thereafter, subject to Dr. Stoica's continued service through the applicable vesting date.
F2	The shares underlying this option vest as to 25% on September 30, 2022, with the remainder vesting in 36 equal monthly installments thereafter, subject to Dr. Stoica's continued service through the applicable vesting date.