Johanna Mercier - 10 Mar 2023 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Role
Chief Commercial Officer
Signature
/s/ Amy Kim by Power of Attorney for Johanna Mercier
Issuer symbol
GILD
Transactions as of
10 Mar 2023
Net transactions value
-$406,722
Form type
4
Filing time
13 Mar 2023, 21:00:54 UTC
Previous filing
26 Jan 2023
Next filing
19 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise +3,025 +4% 79,390 10 Mar 2023 Direct F1
transaction GILD Common Stock Options Exercise +7,951 +10% 87,341 10 Mar 2023 Direct F1
transaction GILD Common Stock Tax liability $406,722 -5,116 -5.9% $79.50 82,225 10 Mar 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 -3,025 -6% 47,283 10 Mar 2023 Common Stock 3,025 Direct F1, F2
transaction GILD Restricted Stock Unit Options Exercise -7,951 -17% 39,332 10 Mar 2023 Common Stock 7,951 Direct F1, F3
transaction GILD Restricted Stock Unit Award +16,350 +42% 55,682 10 Mar 2023 Common Stock 16,350 Direct F1, F3
transaction GILD Non-qualified Stock Option (Right to Buy) Award $0 +74,565 $0.000000 74,565 10 Mar 2023 Common Stock 74,565 $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 each yearly 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 shares subject to the option 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.