Diogo Rau - 01 Jun 2023 Form 4 Insider Report for ELI LILLY & Co (LLY)

Role: EVP & CIDO
Signature: /s/ Jonathan Groff for Diogo Rau, pursuant to authorization on file
Issuer symbol: LLY
Transactions as of: 01 Jun 2023
Net transactions value: -$1,223,102
Form type: 4
Filing time: 02 Jun 2023, 16:44:02 UTC
Previous filing: 02 Jun 2022
Next filing: 14 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LLY	Common Stock	Options Exercise	$0	+6,300	+143%	$0.000000	10,694	01 Jun 2023	Direct
transaction	LLY	Common Stock	Tax liability	$1,223,102	-2,848	-27%	$429.46	7,846	01 Jun 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LLY	Restricted Stock Unit	Options Exercise	$0	-6,300	-50%	$0.000000	6,300	01 Jun 2023	Common Stock	6,300		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Eli Lilly and Company common stock.
F2	The restricted stock units vest in three installments, 7,560 on June 1, 2022, 6,300 on June 1, 2023, and 6,300 on June 1, 2024.