Diane E. Wilfong - 10 Mar 2022 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Signature
/s/ Amy Kim by Power of Attorney for Diane E. Wilfong
Issuer symbol
GILD
Transactions as of
10 Mar 2022
Net transactions value
-$54,155
Form type
4
Filing time
14 Mar 2022, 21:30:18 UTC
Previous filing
08 Feb 2022
Next filing
13 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise $0 +2,025 +8.4% $0.000000 26,244 10 Mar 2022 Direct F1
transaction GILD Common Stock Options Exercise $0 +1,272 +4.8% $0.000000 27,516 10 Mar 2022 Direct F1
transaction GILD Common Stock Tax liability $54,155 -935 -3.4% $57.92 26,581 10 Mar 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 -2,025 -14% 12,018 10 Mar 2022 Common Stock 2,025 Direct F1, F2
transaction GILD Restricted Stock Unit Options Exercise -1,272 -11% 10,746 10 Mar 2022 Common Stock 1,272 Direct F1, F3
transaction GILD Non-qualified Stock Option (Right to Buy) Award $0 +18,850 $0.000000 18,850 10 Mar 2022 Common Stock 18,850 $57.92 Direct F4
transaction GILD Restricted Stock Unit Award +5,610 +52% 16,356 10 Mar 2022 Common Stock 5,610 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 the 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.