Andrei G. Stoica - Mar 6, 2024 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Signature
/s / Heather C. Getz, Attorney-in-Fact
Stock symbol
BFLY
Transactions as of
Mar 6, 2024
Transactions value $
$0
Form type
4
Date filed
3/25/2024, 06:05 PM
Previous filing
Mar 7, 2024
Next filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFLY Class A Common Stock Award $0 +613K +63.44% $0.00 1.58M Mar 6, 2024 Direct F1, 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 vest as follows: (i) 454,044 RSUs vest in three equal annual installments following March 1, 2024 and (ii) 158,915 RSUs vest in two equal annual installments following March 1, 2024, in each case subject to the Reporting Person's continued service on each such vesting date.
F2 Represents the number of shares owned by the Reporting Person following the reported transaction. As of the date of this filing, the Reporting Person owns 1,502,634 shares of Class A Common Stock.