Joseph Devivo - 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, 06:07 PM
Previous filing
Sep 1, 2023
Next filing
Aug 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 +2.9M +72.2% $0.00 6.91M Mar 6, 2024 Direct F1
* 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) 1,930,147 RSUs vest in three equal annual installments following March 1, 2024 and (ii) 965,074 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.