Johanna Mercier - Mar 10, 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
Stock symbol: GILD
Transactions as of: Mar 10, 2023
Transactions value $: -$406,722
Form type: 4
Date filed: 3/13/2023, 09:00 PM
Previous filing: Jan 26, 2023
Next filing: May 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GILD	Common Stock	Options Exercise		+3.03K	+3.96%		79.4K	Mar 10, 2023	Direct	F1
transaction	GILD	Common Stock	Options Exercise		+7.95K	+10.02%		87.3K	Mar 10, 2023	Direct	F1
transaction	GILD	Common Stock	Tax liability	-$407K	-5.12K	-5.86%	$79.50	82.2K	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	-6.01%		47.3K	Mar 10, 2023	Common Stock	3.03K		Direct	F1, F2
transaction	GILD	Restricted Stock Unit	Options Exercise		-7.95K	-16.82%		39.3K	Mar 10, 2023	Common Stock	7.95K		Direct	F1, F3
transaction	GILD	Restricted Stock Unit	Award		+16.4K	+41.57%		55.7K	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 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.