Bradford Gay - 01 Dec 2022 Form 4 Insider Report for American Well Corp (AMWL)

Signature
/s/ Bradford Gay
Issuer symbol
AMWL
Transactions as of
01 Dec 2022
Net transactions value
-$51,582
Form type
4
Filing time
05 Dec 2022, 16:38:16 UTC
Previous filing
03 Nov 2022
Next filing
07 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Sale $24,081 -6,473 -0.82% $3.72 785,547 01 Dec 2022 Direct F1
transaction AMWL Class A Common Stock Sale $27,501 -7,281 -0.93% $3.78 778,266 02 Dec 2022 Direct F2
* 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 December 1, 2022. The sale was effected through an automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.
F2 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 May 26, 2022.