Vukasin Paunovich - 02 Jan 2024 Form 4 Insider Report for American Well Corp (AMWL)

Signature
/s/ Bradford Gay as attorney-in-fact for Vukasin Paunovich
Issuer symbol
AMWL
Transactions as of
02 Jan 2024
Net transactions value
-$62,445
Form type
4
Filing time
18 Jan 2024, 16:31:52 UTC
Previous filing
18 Jul 2023
Next filing
22 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Sale $62,445 -58,409 -8.7% $1.07 615,312 16 Jan 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were made in order to pay the tax liability arising from the vesting and settlement of restricted stock units on January 15, 2024. The sales were effected through an automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.
F2 Securities Beneficially Owned includes shares acquired pursuant to the Issuer's employee stock purchase plan in a transaction exempt under Rule 16b-3.