Robert Shepardson - Sep 1, 2023 Form 4 Insider Report for American Well Corp (AMWL)

Signature
/s/ Bradford Gay, as attorney-in-fact for Robert Shepardson
Stock symbol
AMWL
Transactions as of
Sep 1, 2023
Transactions value $
-$37,446
Form type
4
Date filed
9/6/2023, 05:46 PM
Previous filing
Jul 6, 2023
Next filing
Oct 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMWL Class A Common Stock Sale -$37.4K -25K -2.36% $1.50 1.03M Sep 1, 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 September 1, 2023. The sales were effected through an automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.