Troy Quander - Sep 16, 2021 Form 4 Insider Report for Butterfly Network, Inc. (BFLY)

Role: SVP, Regulatory and Quality
Signature: /s/ Mary Miller, Attorney-in-Fact
Stock symbol: BFLY
Transactions as of: Sep 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/20/2021, 06:51 PM
Previous filing: Sep 20, 2021
Next filing: Mar 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFLY	Class A Common Stock	Award	$0	+19.3K		$0.00	19.3K	Sep 16, 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)	Award	$0	+37.9K		$0.00	37.9K	Sep 16, 2021	Class A Common Stock	37.9K	$12.95	Direct	F2

* 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 common stock upon vesting. The RSUs vest as to 25% on September 13, 2022, with the remainder vesting in 12 equal quarterly installments at the end of each quarter thereafter, subject to Mr. Quander's continued service through the applicable vesting date.
F2	The shares underlying this option vest as to 25% on September 13, 2022, with the remainder vesting in 36 equal monthly installments at the end of each month thereafter, subject to Mr. Quander's continued service through the applicable vesting date.