4//SEC Filing
Shepardson Robert 4
Accession 0001209191-23-015774
CIK 0001393584other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:19 PM ET
Size
9.7 KB
Accession
0001209191-23-015774
Insider Transaction Report
Form 4
Shepardson Robert
Chief Financial Officer
Transactions
- Award
Class A Common Stock
2023-03-01+274,378→ 1,111,225 total - Award
Performance Share Units
2023-03-01+274,378→ 274,378 total→ Class A Common Stock (274,378 underlying) - Sale
Class A Common Stock
2023-03-01$2.74/sh−56,858$156,035→ 836,847 total
Footnotes (3)
- [F1]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 March 1, 2023. The sale was effected through an automatic "sell to cover" transaction that did not represent a discretionary trade by the reporting person.
- [F2]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).
- [F3]Each Performance Share Unit represents a contingent right to receive one share of Class A Common Stock of the Issuer. The Performance Share Units are eligible to vest over a three-year performance period ending February 28, 2026, and may be earned between 0%-150% of target levels, based upon the Issuer's achievement of specified stock price performance thresholds, subject to the reporting person's continued employment through the date on which performance is certified.
Documents
Issuer
American Well Corp
CIK 0001393584
Entity typeother
Related Parties
1- filerCIK 0001884310
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:19 PM ET
- Size
- 9.7 KB