S. Louise Phanstiel - 10 Jun 2024 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role: Director
Signature: /s / Heather Getz, Attorney-in-Fact
Issuer symbol: BFLY
Transactions as of: 10 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 12 Jun 2024, 16:23:42 UTC
Previous filing: 07 Jun 2024
Next filing: 13 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFLY	Class A Common Stock	Award	$0	+157,894	+124%	$0.000000	285,071	10 Jun 2024	Direct	F1
holding	BFLY	Class A Common Stock						60,049	10 Jun 2024	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 2025 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.

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 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 2025 Annual Stockholders Meeting, subject to the Reporting Person's continued service on the Board of Directors on such date.

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.