Todd Fruchterman - 22 Mar 2022 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Reporting relationship: President and CEO, Director
Issuer ticker: BFLY
Reported as of: 22 Mar 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 24 Mar 2022, 18:37:05 UTC
Prior SEC filing: 08 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Mary Miller, as Attorney-in-Fact for Todd M. Fruchterman, M.D., Ph.D.

Key filing fact

Todd Fruchterman filed Form 4 for Butterfly Network, Inc. (BFLY) on 24 Mar 2022.

Key facts

This page summarizes Todd Fruchterman's Form 4 filing for Butterfly Network, Inc. (BFLY).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 24 Mar 2022, 18:37.

Change

Previous filing in this sequence was filed on 08 Mar 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BFLY transaction

Class A Common Stock

Award

Transaction value: $0
Shares: +112,069
Change %: +7.9%
Price: $0.000000
Shares after: 1,531,208
Date: 22 Mar 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BFLY transaction Derivative

Stock Option (right to buy)

Award

Transaction value: $0
Shares: +88,743
Change %
Price: $0.000000
Shares after: 88,743
Date: 22 Mar 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 88,743
Exercise price: $5.10
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock upon vesting. The RSUs vest as to 33%on March 22, 2023 with the remainder vesting in eight equal quarterly installments thereafter, subject to Dr. Fruchterman's continued service through the applicable vesting date.

Footnote F2

The shares underlying this option vest as to 33% on March 22, 2023 with the remainder vesting in eight equal quarterly installments thereafter, subject to Dr. Fruchterman's continued service through the applicable vesting date.