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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 4/2/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1804176 |
| Issuer Name: Butterfly Network, Inc. |
| Issuer Trading Symbol: BFLY |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1808868 |
| | Owner Name: Stoica Andrei G |
| Reporting Owner Address: |
| | Owner Street 1: C/O BUTTERFLY NETWORK, INC. |
| | Owner Street 2: 1600 DISTRICT AVENUE |
| | Owner City: BURLINGTON |
| | Owner State: MA |
| | Owner ZIP Code: 01803 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Technology Officer |
| | Other Text: |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 4/2/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,778 |
| | | Transaction Price Per Share: |
| Value: 1.002 |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,497,558 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The Issuer has adopted a "sell-to-cover" policy to satisfy the tax withholding obligations of the Reporting Person. The sales reported on this Form 4 represent the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. Such sales were automatic and not at the discretion of the Reporting Person. |
| Footnote - F2: Represents the weighted average sales price per share. The shares sold at prices ranging from $1.00 to $1.02 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Owner Signature: |
| Signature Name: /s / Heather C. Getz, Attorney-in-Fact |
| Signature Date: 4/4/24 |