Jonathan M. Rothberg - Mar 21, 2022 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role: Director, 10%+ Owner
Signature: /s/ John P. Condon, Attorney-in-Fact for Jonathan M. Rothberg, Ph.D.
Stock symbol: BFLY
Transactions as of: Mar 21, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/23/2022, 07:53 PM
Previous filing: Dec 23, 2021
Next filing: May 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFLY	Class A Common Stock	Other	$0	-6.2M	-100%	$0.00^*	0	Mar 21, 2022	By 23rd Century Capital LLC	F1, F2
transaction	BFLY	Class A Common Stock	Other	$0	+6.2M		$0.00	6.2M	Mar 21, 2022	By 2012 JMR Trust Common, LLC	F1, F2
transaction	BFLY	Class B Common Stock	Other	$0	-6.2M	-38.96%	$0.00	9.72M	Mar 21, 2022	By 4C Holdings I, LLC	F1, F2
transaction	BFLY	Class B Common Stock	Other	$0	+6.2M	+234.71%	$0.00	8.85M	Mar 21, 2022	By 4C Holdings V, LLC	F1, F2
holding	BFLY	Class B Common Stock						2.62M	Mar 21, 2022	By 4C Holdings II, LLC	F2
holding	BFLY	Class B Common Stock						2.62M	Mar 21, 2022	By 4C Holdings III, LLC	F2
holding	BFLY	Class B Common Stock						2.62M	Mar 21, 2022	By 4C Holdings IV, LLC	F2
holding	BFLY	Class A Common Stock						2.53M	Mar 21, 2022	Direct
holding	BFLY	Class A Common Stock						727K	Mar 21, 2022	By Bonnie E Gould Rothberg MD	F2
holding	BFLY	Class A Common Stock						952K	Mar 21, 2022	By 1997 JMR Trust Common, LLC	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with estate planning, transfers of 6,202,545 shares of Class A Common Stock transferred by 23rd Century Capital LLC to 2012 JMR Trust Common, LLC and 6,202,545 shares of Class B Common Stock transferred by 4C Holdings I, LLC to 4C Holdings V, LLC, in each case with no consideration received in exchange therefor other than the shares to be received by the transferees.
F2	Dr. Rothberg is a member of 23rd Century Capital LLC and the Manager of 1997 JMR Trust Common, LLC, 2012 JMR Trust Common, LLC, 4C Holdings I, LLC, 4C Holdings II, LLC, 4C Holdings III, LLC, 4C Holdings IV, LLC and 4C Holdings V, LLC, and is the spouse of Bonnie E Gould Rothberg MD. Dr. Rothberg disclaims beneficial ownership of the securities held by these persons and entities except to the extent of his pecuniary interest therein.

Content

In connection with estate planning, transfers of 6,202,545 shares of Class A Common Stock transferred by 23rd Century Capital LLC to 2012 JMR Trust Common, LLC and 6,202,545 shares of Class B Common Stock transferred by 4C Holdings I, LLC to 4C Holdings V, LLC, in each case with no consideration received in exchange therefor other than the shares to be received by the transferees.

Dr. Rothberg is a member of 23rd Century Capital LLC and the Manager of 1997 JMR Trust Common, LLC, 2012 JMR Trust Common, LLC, 4C Holdings I, LLC, 4C Holdings II, LLC, 4C Holdings III, LLC, 4C Holdings IV, LLC and 4C Holdings V, LLC, and is the spouse of Bonnie E Gould Rothberg MD. Dr. Rothberg disclaims beneficial ownership of the securities held by these persons and entities except to the extent of his pecuniary interest therein.