Merdad Parsey - 10 Sep 2022 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Signature
/s/ Edward S. Son by Power of Attorney for Merdad Parsey
Issuer symbol
GILD
Transactions as of
10 Sep 2022
Net transactions value
-$31,400
Form type
4
Filing time
12 Sep 2022, 16:05:34 UTC
Previous filing
13 Jun 2022
Next filing
14 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise +1,039 +2.5% 43,206 10 Sep 2022 Direct F1
transaction GILD Common Stock Tax liability $31,400 -481 -1.1% $65.28 42,725 10 Sep 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 -1,039 -2% 50,239 10 Sep 2022 Common Stock 1,039 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 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 first anniversary of the date of grant. The balance will vest 6.25% quarterly thereafter until fully vested.