American Well appoints Brendan O'Grady as Chief Commercial & Growth Officer; grants $8M RSU

American Well Corp

Brendan O'Grady resigned from the Board effective July 19, 2021, to become Chief Commercial & Growth Officer effective August 16, 2021.
O'Grady receives $8M RSU grant: 25% vests on grant date, remainder quarterly over four years.
Annual base salary is $485,000; target annual bonus is 200% of base salary.
Severance on termination without cause or for good reason: 1x base salary paid over 12 months plus COBRA premiums.
If termination occurs near a Change in Control, unvested equity fully vests and Target Bonus is paid.

item 1.01 item 5.02 item 9.01

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Departed

Brendan O'Grady

Director

AMWL · American Well Corp

Effective: 2021-07-19
Filed: July 23, 2021, 7:59 PM ET

Brendan O’Grady resigned from the Board of Directors of American Well Corporation (the “Company”), effective July 19, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Brendan O'Grady resigned as Director at American Well Corp.

Action: resigned
Role: Director

Exact text from the filing

Brendan O’Grady resigned from the Board of Directors of American Well Corporation (the “Company”), effective July 19, 2021.

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American Well Corp filing history →

Source: SEC EDGAR

accession 0001193125-21-223105

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