Andrew D. Dickinson - 10 Jun 2022 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Signature
/s/ Edward S. Son by Power of Attorney for Andrew D. Dickinson
Issuer symbol
GILD
Transactions as of
10 Jun 2022
Net transactions value
-$119,597
Form type
4
Filing time
13 Jun 2022, 20:13:44 UTC
Previous filing
15 Mar 2022
Next filing
12 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise +3,646 +5.7% 67,999 10 Jun 2022 Direct F1
transaction GILD Common Stock Options Exercise +1,026 +1.5% 69,025 10 Jun 2022 Direct F1
transaction GILD Common Stock Tax liability $119,597 -1,969 -2.9% $60.74 67,056 10 Jun 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 -3,646 -6.9% 49,478 10 Jun 2022 Common Stock 3,646 Direct F1, F2
transaction GILD Restricted Stock Unit Options Exercise -1,026 -2.1% 48,452 10 Jun 2022 Common Stock 1,026 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 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.