Joseph Devivo - Mar 1, 2025 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role
President & CEO, Director
Signature
/s / Heather C. Getz, Attorney-in-Fact
Stock symbol
BFLY
Transactions as of
Mar 1, 2025
Transactions value $
-$1,344,444
Form type
4
Date filed
3/4/2025, 09:02 PM
Previous filing
Dec 19, 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 +1.19M +17.36% $0.00 8.01M Mar 1, 2025 Direct F1, F2
transaction BFLY Class A Common Stock Tax liability -$1.34M -444K -5.54% $3.03 7.57M Mar 3, 2025 Direct F3
* 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 vest in three equal annual installments following March 1, 2025, subject to the Reporting Person's continued service on each such vesting date.
F2 Includes 28,835 shares acquired under the Issuer's employee stock purchase plan on December 31, 2024.
F3 Shares withheld by the Registrant to cover tax withholding obligations in connection with the vesting of RSUs that were granted on March 6, 2024.