Ido Schoenberg - Mar 21, 2023 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
Mar 21, 2023
Transactions value $
-$327,185
Form type
4
Date filed
3/23/2023, 05:10 PM
Previous filing
Feb 3, 2023
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Sale -$327K -136K -9.31% $2.40 1.33M Mar 21, 2023 Direct F1
holding AMWL Class A Common Stock 670K Mar 21, 2023 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 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.