Bradford Gay - 05 Dec 2022 Form 4 Insider Report for American Well Corp (AMWL)

Signature
/s/ Bradford Gay
Issuer symbol
AMWL
Transactions as of
05 Dec 2022
Net transactions value
-$95,796
Form type
4
Filing time
07 Dec 2022, 16:38:48 UTC
Previous filing
05 Dec 2022
Next filing
18 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Sale $46,368 -12,164 -1.6% $3.81 766,102 05 Dec 2022 Direct F1
transaction AMWL Class A Common Stock Sale $49,428 -13,690 -1.8% $3.61 752,412 06 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 5, 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.