Ido Schoenberg - Mar 21, 2022 Form 4 Insider Report for American Well Corp (AMWL)

Role
Chairman, co-CEO, Director, 10%+ Owner
Signature
/s/ Bradford Gay as attorney-in-fact for Ido Schoenberg
Stock symbol
AMWL
Transactions as of
Mar 21, 2022
Transactions value $
-$514,395
Form type
4
Date filed
3/23/2022, 06:10 PM
Previous filing
Jan 4, 2022
Next filing
Apr 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Sale -$514K -137K -5.08% $3.77 2.55M Mar 21, 2022 Direct F1
holding AMWL Class A Common Stock 345K Mar 21, 2022 By wife
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was made in order to pay the tax liability arising from the vesting and settlement of restricted stock units on March 21, 2022. The sale was effected through an automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.