Paul McNeice - Apr 15, 2021 Form 4 Insider Report for American Well Corp (AMWL)

Signature
/s/ Bradford Gay, as attorney-in-fact for Paul McNeice
Stock symbol
AMWL
Transactions as of
Apr 15, 2021
Transactions value $
-$1,736
Form type
4
Date filed
4/20/2022, 05:49 PM
Next filing
Aug 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Award $0 +6.23K +9.03% $0.00 75.2K Apr 15, 2021 Direct F1
transaction AMWL Class A Common Stock Sale -$1.74K -485 -0.64% $3.58 74.7K Apr 18, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 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 April 15, 2022. The sale was effected through an automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.