secwatch.observer — SEC 8-K summary
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Issuer:     American Well Corp (AMWL)
CIK:        0001393584
Form:       8-K
Filed at:   2021-07-23T23:59:59+00:00
Accession:  0001193125-21-223105
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393584/000119312521223105/0001193125-21-223105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393584/000119312521223105/d182376d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-223105

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