Ido Schoenberg - 21 Sep 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
Issuer symbol
AMWL
Transactions as of
21 Sep 2022
Net transactions value
-$509,716
Form type
4
Filing time
23 Sep 2022, 17:32:16 UTC
Previous filing
13 Sep 2022
Next filing
03 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Sale $509,716 -136,244 -7.8% $3.74 1,616,626 21 Sep 2022 Direct F1
holding AMWL Class A Common Stock 491,303 21 Sep 2022 By wife
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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