Butterfly Network, Inc. — Director's Dealing 2023

Jun 28, 2023

SEC Form 4/A — Form 4/A

Issuer: Butterfly Network, Inc. (BFLY)
CIK: 0001804176
Period of Report: 2023-06-20

Reporting Person: ROBBINS LARRY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-20	Class A Common Stock	A	65789	$0.00	Acquired	127177	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	8033501	Indirect
Class A Common Stock	4546687	Indirect

Footnotes

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 were issued to the Reporting Person as the annual grant to nonemployee directors pursuant to the Issuer's Amended and Restated Nonemployee Director Compensation Policy for services to be rendered to the Issuer as a member of its Board of Directors. The RSUs vest in full on the date of the Issuer's 2024 Annual Stockholders Meeting, subject to the Reporting Person's continued service on the Board of Directors on such date.

F2: The reported amounts reflect an aggregate of 2,568,750 shares of Class A common stock distributed in-kind by Longview Investors LLC ("Longview") to Glenview Capital Partners, L.P., Glenview Capital Master Fund, Ltd., Glenview Capital Opportunity Fund, L.P., Glenview Offshore Opportunity Master Fund, Ltd. and Glenview Healthcare Master Fund, L.P. (the "Glenview Investment Funds"). The aforementioned distributions were made in accordance with the exemptions afforded by Rule 16a-13 and/or Rule 16a-9 of the Securities Exchange Act of 1934, as amended.

F3: The Glenview Investment Funds are the record holders of these shares. Mr. Robbins is the Founder, Portfolio Manager and CEO of Glenview Capital Management, LLC, which serves as investment manager to each of the Glenview Investment Funds. Mr. Robbins shares voting and dispositive power over the shares held by the Glenview Investment Funds and may be deemed to beneficially own such shares.

F4: Longview, or its affiliates, is the record holder of these securities. Mr. Robbins is the managing member of Longview. Mr. Robbins shares voting and dispositive power over the securities held by Longview and may be deemed to beneficially own such securities.

F5: Mr. Robbins disclaims beneficial ownership over any securities owned by Longview and the Glenview Investment Funds other than to the extent of any pecuniary interest he may have therein.