Roy Schoenberg - May 16, 2022 Form 4 Insider Report for American Well Corp (AMWL)

Role: President, co-CEO, Director, 10%+ Owner
Signature: /s/ Bradford Gay as attorney-in-fact for Roy Schoenberg
Stock symbol: AMWL
Transactions as of: May 16, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/18/2022, 05:53 PM
Previous filing: Apr 20, 2022
Next filing: Jun 23, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AMWL	Performance Share Units	Award	$0	+1M		$0.00	1M	May 16, 2022	Class A Common Stock	1M		Direct	F1

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

Explanation of Responses:

Id	Content
F1	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 May 16, 2025, and may be earned between 0%-750% of target levels, based upon the Issuer's achievement of specified market capitalization performance thresholds, subject to the reporting person's continued employment through each applicable vesting date.

Content

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 May 16, 2025, and may be earned between 0%-750% of target levels, based upon the Issuer's achievement of specified market capitalization performance thresholds, subject to the reporting person's continued employment through each applicable vesting date.