Johanna Mercier - Mar 10, 2022 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Role
Chief Commercial Officer
Signature
/s/ Amy Kim by Power of Attorney for Johanna Mercier
Stock symbol
GILD
Transactions as of
Mar 10, 2022
Transactions value $
-$186,560
Form type
4
Date filed
3/14/2022, 09:14 PM
Previous filing
Jan 28, 2022
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise $0 +3.03K +9.83% $0.00 33.8K Mar 10, 2022 Direct F1
transaction GILD Common Stock Options Exercise $0 +3.96K +11.72% $0.00 37.8K Mar 10, 2022 Direct F1
transaction GILD Common Stock Tax liability -$187K -3.22K -8.53% $57.92 34.5K Mar 10, 2022 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 GILD Restricted Stock Unit Options Exercise -3.03K -7.58% 36.9K Mar 10, 2022 Common Stock 3.03K Direct F1, F2
transaction GILD Restricted Stock Unit Options Exercise -3.96K -10.74% 32.9K Mar 10, 2022 Common Stock 3.96K Direct F1, F3
transaction GILD Non-qualified Stock Option (Right to Buy) Award $0 +172K $0.00 172K Mar 10, 2022 Common Stock 172K $57.92 Direct F4
transaction GILD Restricted Stock Unit Award +27.8K +84.51% 60.8K Mar 10, 2022 Common Stock 27.8K Direct F1, F3
* 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 the contingent right to receive one share of Gilead Sciences, Inc.'s common stock.
F2 The restricted stock units have a four-year vesting schedule. 25% vest on each yearly anniversary of the date of grant until fully vested.
F3 The restricted stock units have a four-year vesting schedule. 25% vest on the first anniversary of the date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.
F4 The shares subject to the option have a four-year vesting schedule. 25% vest on the first anniversary of the date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.