Form 4 for AMWL American Well Corp
Accepted 2023-05-16 00:00:00 ET · period of report 2023-05-15 · accession 0001209191-23-029958 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-16 | 2023-05-15 | AMWL | Schoenberg Ido | COB, co-CEO, Dir | S - Sale+OE | $2.04 | -250.6K | 1.57M | -14% | -$511.2K |
| D | 2023-05-16 | 2023-05-15 | AMWL | Schoenberg Ido | COB, co-CEO, Dir | M - OptEx | — | +500.0K | 1.82M | +38% | — |
| D | 2023-05-16 | 2023-05-15 | AMWL | Schoenberg Ido | COB, co-CEO, Dir | M - OptEx | — | -500.0K | 500.0K | -50% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-05-15 | S | D | 250,610 | $2.04 | 1,566,299 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-05-15 | M | A | 500,000 | — | 1,816,909 | D | — | — | (F1) Each Performance Share Unit represents a contingent right to receive one share of Class A Common Stock of the Issuer. On May 16, 2022, the reporting person received a grant of 1,000,000 target Performance Share Units which are eligible to vest over a three-year performance period ending May 15, 2025, and may be earned between 0%-750% of target levels, based upon the Issuer's achievement of specified market capitalization performance thresholds, subject to the reporting person's continued employment through each applicable vesting date. On May 15, 2023, 500,000 shares underlying the Performance Share Units became earned and vested. |
| 3 | Derivative | Performance Share Units | 2023-05-15 | M | D | 500,000 | — | 500,000 | D | — · — to — | 500,000 Class A Common Stock | (F1) Each Performance Share Unit represents a contingent right to receive one share of Class A Common Stock of the Issuer. On May 16, 2022, the reporting person received a grant of 1,000,000 target Performance Share Units which are eligible to vest over a three-year performance period ending May 15, 2025, and may be earned between 0%-750% of target levels, based upon the Issuer's achievement of specified market capitalization performance thresholds, subject to the reporting person's continued employment through each applicable vesting date. On May 15, 2023, 500,000 shares underlying the Performance Share Units became earned and vested. |