David Perri - Jun 8, 2021 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role
Chief Operating Officer
Signature
s/ Mary Miller, as Attorney-in-Fact for David Perri
Stock symbol
BFLY
Transactions as of
Jun 8, 2021
Transactions value $
-$1,386,980
Form type
4
Date filed
6/10/2021, 04:20 PM
Next filing
Aug 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFLY Common Stock Options Exercise $65.9K +13.6K $4.84 13.6K Jun 8, 2021 Direct
transaction BFLY Common Stock Sale -$191K -13.6K -100% $14.00* 0 Jun 8, 2021 Direct
transaction BFLY Common Stock Options Exercise $667K +138K $4.84 138K Jun 8, 2021 Direct
transaction BFLY Common Stock Sale -$1.93M -138K -100% $14.00* 0 Jun 8, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFLY Stock Option (right to buy) Options Exercise $0 -138K -26.54% $0.00 381K Jun 8, 2021 Class A Common Stock 138K $4.84 Direct F2
transaction BFLY Stock Option (right to buy) Options Exercise $0 -13.6K -3.57% $0.00 368K Jun 8, 2021 Class A Common Stock 13.6K $4.84 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sales price per share. The shares sold at prices ranging from $14.00 to $14.01 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F2 25% of the shares subject to the option vested on March 31, 2021, and 1/48th of the shares subject to the option vest on each monthly anniversary thereafter, subject to the Reporting Person's continuous service through each vesting date.