Ido Schoenberg - Dec 21, 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
Stock symbol
AMWL
Transactions as of
Dec 21, 2022
Transactions value $
-$427,647
Form type
4
Date filed
12/23/2022, 06:30 AM
Previous filing
Nov 3, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Sale -$428K -132K -8.22% $3.24 1.47M Dec 21, 2022 Direct F1
holding AMWL Class A Common Stock 472K Dec 21, 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 December 21, 2022. The sales were effected through an automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.