Todd Fruchterman - 04 Mar 2022 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role: President and CEO, Director
Signature: /s/ Mary Miller, Attorney-in-Fact
Issuer symbol: BFLY
Transactions as of: 04 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 08 Mar 2022, 15:59:43 UTC
Previous filing: 04 Feb 2022
Next filing: 24 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	+387,931	+38%	$0.000000	1,419,139	04 Mar 2022	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	+258,620		$0.000000	258,620	04 Mar 2022	Class A Common Stock	258,620	$4.05	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 33% on March 4, 2023 with the remainder vesting in eight equal quarterly installments thereafter, subject to Dr. Fruchterman's continued service through the applicable vesting date.
F2	The shares underlying this option vest as to 33% on March 4, 2023 with the remainder vesting in eight equal quarterly installments thereafter, subject to Dr. Fruchterman's continued service through the applicable vesting date.