Andrew D. Dickinson - Mar 10, 2023 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Role
Chief Financial Officer
Signature
/s/ Amy Kim by Power of Attorney for Andrew D. Dickinson
Stock symbol
GILD
Transactions as of
Mar 10, 2023
Transactions value $
-$385,496
Form type
4
Date filed
3/13/2023, 08:55 PM
Previous filing
Feb 23, 2023
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise +3.03K +2.86% 109K Mar 10, 2023 Direct F1
transaction GILD Common Stock Options Exercise +7.39K +6.81% 116K Mar 10, 2023 Direct F1
transaction GILD Common Stock Tax liability -$385K -4.85K -4.18% $79.50 111K Mar 10, 2023 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 -3.03K -7.09% 39.6K Mar 10, 2023 Common Stock 3.03K Direct F1, F2
transaction GILD Restricted Stock Unit Options Exercise -7.39K -18.65% 32.3K Mar 10, 2023 Common Stock 7.39K Direct F1, F3
transaction GILD Restricted Stock Unit Award +16.4K +50.7% 48.6K Mar 10, 2023 Common Stock 16.4K Direct F1, F3
transaction GILD Non-qualified Stock Option (Right to Buy) Award $0 +74.6K $0.00 74.6K Mar 10, 2023 Common Stock 74.6K $79.50 Direct F4
* 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.
F4 The options have a four year vesting schedule. 25% vest on the first anniversary date of the date grant. The balance will vest 6.25% quarterly thereafter until fully vested.