Roy Schoenberg - 21 Mar 2023 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
Issuer symbol
AMWL
Transactions as of
21 Mar 2023
Net transactions value
-$273,085
Form type
4
Filing time
23 Mar 2023, 17:08:10 UTC
Previous filing
03 Feb 2023
Next filing
02 May 2023
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 $273,085 -113,686 -5% $2.40 2,169,839 21 Mar 2023 Direct F1
* 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 March 21, 2023. The sales were effected through an automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.