S. Louise Phanstiel - Jun 20, 2023 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role
Director
Signature
/s / Lawrence T. Weiss, Attorney-in-Fact
Stock symbol
BFLY
Transactions as of
Jun 20, 2023
Transactions value $
$0
Form type
4
Date filed
6/22/2023, 04:31 PM
Previous filing
Jun 2, 2023
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFLY Class A Common Stock Award $0 +65.8K +107.17% $0.00 127K Jun 20, 2023 Direct F1
holding BFLY Class A Common Stock 60K Jun 20, 2023 Held by H.G. Phanstiel LP 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 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 2024 Annual Stockholders Meeting, subject to the Reporting Person's continued service on the Board of Directors on such date.
F2 Ms. Phanstiel is the Managing Member of H.G. Phanstiel LP. Ms. Phanstiel disclaims beneficial ownership of the securities held by H.G. Phanstiel LP except to the extent of her pecuniary interest therein.