Elazer R. Edelman - Jul 1, 2021 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role: Director
Signature: /s/ Mary Miller, as Attorney-in-Fact for Elazer Edelman, M.D., Ph.D.
Stock symbol: BFLY
Transactions as of: Jul 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/2/2021, 05:31 PM
Next filing: Jun 22, 2022

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)	Award	$0	+21.6K		$0.00	21.6K	Jul 1, 2021	Common Stock	21.6K	$14.25	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These options were issued to the Reporting Person as the annual grant to nonemployee directors pursuant to the Issuer's Nonemployee Director Compensation Policy for services to be rendered to the Issuer as a member of its Board of Directors.
F2	The option vests in full on the date of the Butterfly Network, Inc. 2022 Annual Stockholders meeting, subject to the Reporting Person's continued services on the Board of Directors on such date.