American Well Corp — Director's Dealing 2021

Dec 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: American Well Corp (AMWL)
CIK: 0001393584
Period of Report: 2021-12-21

Reporting Person: Schoenberg Ido (Director, Chairman, co-CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-21	Class A Common Stock	S	269230	$6.322	Disposed	2808501	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	464526	Indirect

Footnotes

F1: 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 September 4, 2021, as amended on November 18, 2021. A portion of 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 21, 2021. Furthermore, the reporting person had previously sold shares between April and October of 2021 (the "2021 RSU Sales"), pursuant to the terms of a Rule 10b5-1 trading plan, in order to pay the tax liabilities arising from the vesting and settlement of restricted stock units between that same period (the "2021 RSU Vests"). The 2021 RSU Sales were not sufficient to cover the reporting person's entire tax liabilities arising from the 2021 RSU Vests. The remaining portion of the sale reported in this Form 4 was made in order to pay the balance of the reporting person's cumulative tax liabilities arising from the 2021 RSU Vests.