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Filing Details

Accession Number:: 0001209191-21-028586
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-04-27 17:00:49
Reporting Period:: 2021-04-15

Accepted Time:: 2021-04-27 17:00:49
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1393584	American Well Corp	AMWL	Services-Business Services, Nec (7389)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1824129	Ido Schoenberg	C/O American Well Corporation 75 State Street, 26Th Floor Boston MA 02109	Chairman, Co-Ceo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2021-04-15	324,981	$0.00	1,940,356	No	4	A	Direct
Class A Common Stock	Acquisiton	2021-04-23	3,100	$0.00	1,943,456	No	4	C	Direct
Class A Common Stock	Disposition	2021-04-23	3,100	$19.00	1,940,356	No	4	S	Direct
Class A Common Stock	Acquisiton	2021-04-26	200	$0.00	1,940,556	No	4	C	Direct
Class A Common Stock	Disposition	2021-04-26	200	$19.04	1,940,356	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	C	Direct
No	4	S	Direct
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2021-04-23	3,100	$0.00	3,100	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-04-26	200	$0.00	200	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
13,420,260			No	4	C	Direct
13,420,060			No	4	C	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	492,908	Indirect	By Wife

Footnotes

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).
On April 23, 2021, the reporting person directed the sale of 3,100 shares of his Class B Common Stock, resulting in the automatic conversion of the shares into Class A Common Stock.
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock on the first business day (i) after the date on which such shares constitute less than 5% of the aggregate number of shares of common stock then outstanding, (ii) after the date on which neither the reporting person nor Roy Schoenberg is serving as an executive officer of the issuer, or (iii) following seven years after the date that the issuer's amended and restated certificate of incorporation becomes effective (unless extended for three years by affirmative vote of the holders of a majority of then-outstanding shares of Class A Common Stock entitled to vote thereon).
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2020, as amended on December 24, 2020 and further amended on January 27, 2021.
On April 26, 2021, the reporting person directed the sale of 200 shares of his Class B Common Stock, resulting in the automatic conversion of the shares into Class A Common Stock.