David Perri - 25 Aug 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
Issuer symbol: BFLY
Transactions as of: 25 Aug 2021
Net transactions value: -$182,609
Form type: 4
Filing time: 27 Aug 2021, 16:46:33 UTC
Previous filing: 24 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFLY	Common Stock	Options Exercise	$658,000	+70,000		$9.40	70,000	25 Aug 2021	Direct
transaction	BFLY	Common Stock	Sale	$840,609	-70,000	-100%	$12.01^*	0	25 Aug 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	-70,000	-54%	$0.000000	59,787	25 Aug 2021	Common Stock	70,000	$9.40	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 $12.00 to $12.07 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 were vested pursuant to a Separation Agreement between the Issuer and the Reporting Person dated as of July 28, 2021.