Jonathan M. Rothberg - Jun 17, 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
Jun 17, 2022
Transactions value $
$0
Form type
4
Date filed
6/22/2022, 04:08 PM
Previous filing
Jun 15, 2022
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFLY Class A Common Stock Award $0 +48.2K +1.91% $0.00 2.58M Jun 17, 2022 Direct F1
holding BFLY Class A Common Stock 1.24M Jun 17, 2022 By NVR TR, LLC F2, F3
holding BFLY Class A Common Stock 1.24M Jun 17, 2022 By JNR TR, LLC F2, F3
holding BFLY Class A Common Stock 1.24M Jun 17, 2022 By JAR TR, LLC F2, F3
holding BFLY Class A Common Stock 1.24M Jun 17, 2022 By GBR TR, LLC F2, F3
holding BFLY Class A Common Stock 1.24M Jun 17, 2022 By EJR TR, LLC F2, F3
holding BFLY Class A Common Stock 727K Jun 17, 2022 By Bonnie E Gould Rothberg MD F3
holding BFLY Class A Common Stock 952K Jun 17, 2022 By 1997 JMR Trust Common, LLC F3
holding BFLY Class B Common Stock 9.72M Jun 17, 2022 By 4C Holdings I, LLC F3
holding BFLY Class B Common Stock 2.62M Jun 17, 2022 By 4C Holdings II, LLC F3
holding BFLY Class B Common Stock 2.62M Jun 17, 2022 By 4C Holdings III, LLC F3
holding BFLY Class B Common Stock 2.62M Jun 17, 2022 By 4C Holdings IV, LLC F3
holding BFLY Class B Common Stock 8.85M Jun 17, 2022 By 4C Holdings V, LLC F3
* 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 were issued to the Reporting Person as the annual grant to nonemployee directors pursuant to the Issuer's Amended and Restated Nonemployee Director Compensation Policy for services to be rendered to the Issuer as a member of its Board of Directors. The RSUs vest in full on the date of the Issuer's 2023 Annual Stockholders Meeting, subject to the Reporting Person's continued service on the Board of Directors on such date.
F2 Shares previously held by 2012 JMR Trust Common, LLC that were distributed to NVR TR, LLC, JNR TR, LLC, JAR TR, LLC, GBR TR, LLC and EJR TR, LLC.
F3 Dr. Rothberg is the Manager of 1997 JMR Trust Common, LLC, 4C Holdings I, LLC, 4C Holdings II, LLC, 4C Holdings III, LLC, 4C Holdings IV, LLC, 4C Holdings V, LLC, NVR TR, LLC, JNR TR, LLC, JAR TR, LLC, GBR TR, LLC and EJR TR, 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.