Michael A. Klobuchar - 03 May 2022 Form 4 Insider Report for Merck & Co., Inc. (MRK)

Role
EVP - Chief Strategy Officer
Signature
/s/ Kelly E. W. Grez, attorney-in-fact for Michael Klobuchar
Issuer symbol
MRK
Transactions as of
03 May 2022
Net transactions value
+$39,108
Form type
4
Filing time
05 May 2022, 17:07:00 UTC
Previous filing
03 May 2022
Next filing
25 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRK Common Stock Options Exercise $77,084 +885 +5.9% $87.10 15,775 04 May 2022 Direct
transaction MRK Common Stock Tax liability $37,976 -436 -2.8% $87.10 15,339 04 May 2022 Direct F1
holding MRK Common Stock 6 03 May 2022 By Child
holding MRK Common Stock 6 03 May 2022 By Child
holding MRK Common Stock - 401(k) Plan 823 03 May 2022 By 401(k) F2
holding MRK Common Stock - 401(k) Plan 663 03 May 2022 By Spouse F2

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 MRK Restricted Stock Unit Options Exercise $0 -885 -33% $0.000000 1,772 04 May 2022 Common Stock 885 Direct F3, F4
transaction MRK Stock Option (Right to Buy) Award $0 +25,243 $0.000000 25,243 03 May 2022 Common Stock 25,243 $87.10 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Holdings include shares acquired in dividend reinvestment transactions.
F2 Includes shares acquired and dividends earned through April 7, 2022 in the Merck U.S. Savings Plan, a 401(k) plan.
F3 Each restricted stock unit represents a contingent right to receive one share of Merck & Co., Inc. common stock.
F4 These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 5/4/2022, 5/4/2023 and 5/4/2024.
F5 The option vests and becomes exercisable in equal installments on 5/3/2023, 5/3/2024 and 5/3/2025.