Butterfly Network, Inc. — Director's Dealing 2021

Mar 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Butterfly Network, Inc. (BFLY)
CIK: 0001804176
Period of Report: 2021-03-24

Reporting Person: ROTHBERG JONATHAN M (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-24	Class A Common Stock	J	6202545	—	Acquired	6202545	Indirect
2021-03-24	Class A Common Stock	J	726696	—	Acquired	726696	Indirect
2021-03-24	Class A Common Stock	J	1476447	—	Acquired	1476447	Direct
2021-03-24	Class A Common Stock	J	952277	—	Acquired	952277	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	15919141	Indirect
Class B Common Stock	2621701	Indirect
Class B Common Stock	2621701	Indirect
Class B Common Stock	2621701	Indirect
Class B Common Stock	2642693	Indirect
Class A Common Stock	1051457	Direct

Footnotes

F1: Pro rata distribution for no consideration from Rothberg Family Fund I, LLC, of which 23rd Century Capital LLC, Bonnie E Gould Rothberg MD, Jonathan M. Rothberg, and the Jonathan M. Rothberg Children's Trust u/a/d April 24, 1997 are each a non-managing member. The Jonathan M. Rothberg Children's Trust u/a/d April 24, 1997 is the sole member of 1997 JMR Trust Common, LLC. As members of the Rothberg Family Fund I, LLC, 23rd Century Capital LLC, Bonnie E Gould Rothberg MD, Jonathan M. Rothberg, and the Jonathan M. Rothberg Children's Trust u/a/d April 24, 1997 each received shares from the distribution and now hold their respective shares directly.

F2: Dr. Rothberg is a member of 23rd Century Capital LLC and the Manager of 1997 JMR Trust Common, LLC, 4C Holdings I, LLC, 4C Holdings II, LLC, 4C Holdings III, LLC, 4C Holdings IV, LLC and 4C Holdings V, LLC, and is the spouse of Bonnie E Gould Rothberg MD. Dr. Rothberg disclaims beneficial ownership of the securities held by these persons and entities except to the extent of his pecuniary interest therein.

F3: Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock upon vesting. 1,038,300 of the RSUs vest in eight equal quarterly installments beginning on March 31, 2021. 13,157 of the RSUs vest in equal annual installments over three years beginning on February 16, 2022, subject to Dr. Rothberg's continued service through the applicable vesting date.