Heather C. Getz - Mar 6, 2024 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role: EVP, CFO & COO
Signature: /s / Heather C. Getz
Stock symbol: BFLY
Transactions as of: Mar 6, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/25/2024, 06:06 PM
Previous filing: Jan 9, 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	+1.32M	+87.23%	$0.00	2.84M	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) 882,353 RSUs vest in three equal annual installments following March 1, 2024 and (ii) 441,176 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 2,759,317 shares of Class A Common Stock.

Content

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) 882,353 RSUs vest in three equal annual installments following March 1, 2024 and (ii) 441,176 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.

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 2,759,317 shares of Class A Common Stock.