secwatch.observer — SEC 8-K summary
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Issuer:     American Well Corp (AMWL)
CIK:        0001393584
Form:       8-K
Filed at:   2022-04-14T23:59:59+00:00
Accession:  0001193125-22-105707
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Well enters new employment agreement with President of International, Phyllis Gotlib
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- Annual salary of $485,000, with 10% designated as special compensation for non-compete/confidentiality.
- Target annual cash bonus of 100% of base salary; eligible for equity grants under 2020 plan.
- Severance: 1x base salary paid over 12 months upon qualifying termination; equity acceleration near change in control.
- Non-compete and non-solicitation restrictions apply for 12 months post-termination.
- Agreement replaces prior contract dated Jan 1, 2018, effective April 8, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393584/000119312522105707/0001193125-22-105707-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393584/000119312522105707/d335491d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-105707

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