Kevin E. Lofton - Dec 29, 2022 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Role
Director
Signature
/s/ Edward S. Son by Power of Attorney for Kevin E. Lofton
Stock symbol
GILD
Transactions as of
Dec 29, 2022
Transactions value $
$0
Form type
4
Date filed
12/30/2022, 03:35 PM
Previous filing
Sep 30, 2022
Next filing
Mar 10, 2023

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 Phantom Stock Award $0 +26.3 +0.86% $0.00 3.1K Dec 29, 2022 Common Stock 26.3 $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Gilead common stock.
F2 Phantom shares accrued under dividend equivalent rights, which are settled in shares and distributed with the phantom stock units to which they relate.
F3 The shares of phantom stock are fully vested and, at the election of the reporting person, become payable in common stock at a later date identified by the reporting person.