Kathy Johnson Weiler - 03 Sep 2024 Form 4 Insider Report for American Well Corp (AMWL)

Role
Chief Comm. & Growth Officer
Signature
/s/ Bradford Gay as attorney-in-fact for Kathy Weiler
Issuer symbol
AMWL
Transactions as of
03 Sep 2024
Net transactions value
-$57,197
Form type
4
Filing time
05 Sep 2024, 18:48:34 UTC
Previous filing
10 Jun 2024
Next filing
04 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Sale $57,197 -7,266 -3.7% $7.87 188,027 03 Sep 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 September 1, 2024. The sales were effected through and automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.
F2 On July 10, 2024, the issuer effected a 1-for-20 reverse split of the issuer's common stock, resulting in proportionate adjustments to the number of shares of Class A common stock beneficially owned by the reporting person, including shares underlying outstanding restricted stock units ("RSUs"). Accordingly, the securities reported on this Form 4 have been adjusted to reflect the 1-for-20 reverse stock split.

Remarks:

EVP, Chief Commerican and Growth Officer