Serkan Kutan - Dec 7, 2021 Form 4 Insider Report for American Well Corp (AMWL)

Role: Chief Technology Officer
Signature: /s/ Bradford Gay, as attorney-in-fact for Serkan Kutan
Stock symbol: AMWL
Transactions as of: Dec 7, 2021
Transactions value $: -$11,864
Form type: 4
Date filed: 12/9/2021, 05:38 PM
Previous filing: Dec 3, 2021
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMWL	Class A Common Stock	Sale	-$11.9K	-1.8K	-0.36%	$6.59	504K	Dec 7, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person sold shares on December 1, 2021 (the "December 1 Sale"), pursuant to the terms of a Rule 10b5-1 trading plan adopted by the reporting person on August 25, 2021, in order to pay the tax liability arising from the vesting and settlement of restricted stock units on December 1, 2021 (the "December 1 RSU Vest"). The December 1 Sale was not sufficient to cover the reporting person's entire tax liability arising from the December 1 RSU Vest. The sale reported in this Form 4 was made outside of a 10b5-1 plan in order to pay the remaining part of the reporting person's tax liability arising from the December 1 RSU Vest.

Content

The reporting person sold shares on December 1, 2021 (the "December 1 Sale"), pursuant to the terms of a Rule 10b5-1 trading plan adopted by the reporting person on August 25, 2021, in order to pay the tax liability arising from the vesting and settlement of restricted stock units on December 1, 2021 (the "December 1 RSU Vest"). The December 1 Sale was not sufficient to cover the reporting person's entire tax liability arising from the December 1 RSU Vest. The sale reported in this Form 4 was made outside of a 10b5-1 plan in order to pay the remaining part of the reporting person's tax liability arising from the December 1 RSU Vest.