HIRSCHHORN MARK 4
4 · American Well Corp · Filed Nov 6, 2024
Insider Transaction Report
Form 4
HIRSCHHORN MARK
Chief Financial Officer
Transactions
- Award
Class A Common Stock
2024-11-04+257,477→ 260,727 total - Sale
Class A Common Stock
2024-11-05$8.97/sh−46,345$415,511→ 214,382 total
Footnotes (2)
- [F1]Represents a grant of restricted stock units, with 25% vesting upon the grant date and the remaining 75% vesting in substantially equal quarterly installments, with the first vest occurring on the 15-month anniversary of the grant date and subsequent vests occurring on each three-month anniversary thereafter until such restricted stock units are fully vested on the four (4) year anniversary of the grant date.
- [F2]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 November 4, 2024. The sales were effected through and automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.