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: Knight Kurt (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-15	Class A Common Stock	A	189572	$0.00	Acquired	1358432	Direct
2021-04-22	Class A Common Stock	M	1871	$2.21	Acquired	1360303	Direct
2021-04-22	Class A Common Stock	M	51360	$5.51	Acquired	1411663	Direct
2021-04-22	Class A Common Stock	S	54547	$18.00	Disposed	1357116	Direct
2021-04-23	Class A Common Stock	M	7796	$1.77	Acquired	1364912	Direct
2021-04-23	Class A Common Stock	M	61987	$1.80	Acquired	1426899	Direct
2021-04-23	Class A Common Stock	M	16365	$2.21	Acquired	1443264	Direct
2021-04-23	Class A Common Stock	M	86148	$5.51	Acquired	1529412	Direct
2021-04-23	Class A Common Stock	S	239038	$18.00	Disposed	1290374	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-22	Stock Options	$2.21	M	1871	Disposed	2025-10-28	Class A Common Stock (1871)	Direct
2021-04-22	Stock Options	$5.51	M	51360	Disposed	2028-04-25	Class A Common Stock (51360)	Direct
2021-04-23	Stock Options	$1.77	M	7796	Disposed	2022-06-26	Class A Common Stock (7796)	Direct
2021-04-23	Stock Options	$1.80	M	61987	Disposed	2024-06-09	Class A Common Stock (61987)	Direct
2021-04-23	Stock Options	$2.21	M	16365	Disposed	2025-10-28	Class A Common Stock (16365)	Direct
2021-04-23	Stock Options	$5.51	M	86148	Disposed	2028-04-25	Class A Common Stock (86148)	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 December 23, 2020, as amended on February 1, 2021.

F3: The stock options were granted on October 28, 2015 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.

F5: The stock options were granted on June 26, 2012 and are fully vested.

F6: The stock options were granted on June 9, 2014 and are fully vested.