Phyllis Gotlib - 01 Mar 2022 Form 4 Insider Report for American Well Corp (AMWL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Mar 2022, 17:07:03 UTC
Prior SEC filing
04 Feb 2022
Next SEC filing
20 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bradford Gay as attorney-in-fact for Phyllis Gotlib

Key filing fact

Phyllis Gotlib filed Form 4 for American Well Corp (AMWL) on 03 Mar 2022.

Key facts

  • This page summarizes Phyllis Gotlib's Form 4 filing for American Well Corp (AMWL).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Mar 2022, 17:07.

Change

  • Previous filing in this sequence was filed on 04 Feb 2022.
  • Current net transaction value: -$55,610.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AMWL transaction

Class A Common Stock

Sale

Transaction value
$55,610
Shares
-13,750
Change %
-4%
Price
$4.04
Shares after
330,776
Date
01 Mar 2022
Ownership
Direct
Footnotes
F1
AMWL transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+209,185
Change %
+63%
Price
$0.000000
Shares after
539,961
Date
01 Mar 2022
Ownership
Direct
Footnotes
F2
AMWL holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,686,911
Date
01 Mar 2022
Ownership
By husband

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AMWL transaction Derivative

Performance Share Units

Award

Transaction value
$0
Shares
+488,099
Change %
Price
$0.000000
Shares after
488,099
Date
01 Mar 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
488,099
Exercise price
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The sale reported in this Form 4 was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2021, and was made in order to pay the tax liability arising from the vesting and settlement of restricted stock units on March 1, 2022.

Footnote F2

Represents a grant of restricted stock units, with 25% vesting upon the first anniversary of the grant date ("Initial Vesting Date"), and the remaining vesting every 3 months thereafter over a three-year period (beginning on the first calendar day of the month following the date that is three months following the Initial Vesting Date).

Footnote F3

Each Performance Share Unit represents a contingent right to receive one share of Class A Common Stock of the Issuer. The Performance Share Units are eligible to vest over a three-year performance period ending February 28, 2025, and may be earned between 0%-300% of target levels, based upon the Issuer's achievement of specified market capitalization performance thresholds, subject to the reporting person's continued employment through the date on which performance is certified.

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