American Well Corp — Director's Dealing 2021

Apr 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: American Well Corp (AMWL)
CIK: 0001393584
Period of Report: 2021-04-15

Reporting Person: Gay Bradford (Senior VP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-15	Class A Common Stock	A	64996	$0.00	Acquired	726097	Direct
2021-04-22	Class A Common Stock	M	406	$2.47	Acquired	726503	Direct
2021-04-22	Class A Common Stock	M	400	$5.51	Acquired	726903	Direct
2021-04-22	Class A Common Stock	S	806	$18.00	Disposed	726097	Direct
2021-04-23	Class A Common Stock	M	40417	$2.47	Acquired	766514	Direct
2021-04-23	Class A Common Stock	S	40417	$18.058	Disposed	726097	Direct
2021-04-23	Class A Common Stock	M	91718	$5.51	Acquired	817815	Direct
2021-04-23	Class A Common Stock	S	91718	$18.024	Disposed	726097	Direct
2021-04-26	Class A Common Stock	M	3846	$5.51	Acquired	729943	Direct
2021-04-26	Class A Common Stock	S	3846	$18.8168	Disposed	726097	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-22	Stock Options	$2.47	M	406	Disposed	2026-04-14	Class A Common Stock (406)	Direct
2021-04-22	Stock Options	$5.51	M	400	Disposed	2028-04-25	Class A Common Stock (400)	Direct
2021-04-23	Stock Options	$2.47	M	40417	Disposed	2026-04-14	Class A Common Stock (40417)	Direct
2021-04-23	Stock Options	$5.51	M	91718	Disposed	2028-04-25	Class A Common Stock (91718)	Direct
2021-04-26	Stock Options	$5.51	M	3846	Disposed	2028-04-25	Class A Common Stock (3846)	Direct

Footnotes

F1: Represents a grant of restricted stock units, with 25% vesting upon the first anniversary of the grant date ("Initial Vesting Date"), and the remaining vesting every 3 months thereafter over a three-year period (beginning on the first calendar day of the month following the date that is three months following the Initial Vesting Date).

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020, as amended on December 28, 2020 and further amended on January 29, 2021.

F3: The stock options were granted on April 14, 2016 and are fully vested.

F4: The stock options were granted on April 25, 2018 and vest over a four-year period, with 25% of the options vesting on the first anniversary of the grant date and the remaining options vesting in equal quarterly installments thereafter.