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

Signature
/s/ Amy Kim by Power of Attorney for Sandra C. Patterson
Issuer symbol
GILD
Transactions as of
10 Mar 2023
Net transactions value
-$63,680
Form type
4
Filing time
13 Mar 2023, 21:04:37 UTC
Previous filing
09 Mar 2023
Next filing
12 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise +1,601 +6.6% 25,693 10 Mar 2023 Direct F1
transaction GILD Common Stock Options Exercise +1,320 +5.1% 27,013 10 Mar 2023 Direct F1
transaction GILD Common Stock Tax liability $63,680 -801 -3% $79.50 26,212 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 -1,601 -8.3% 17,748 10 Mar 2023 Common Stock 1,601 Direct F1, F2
transaction GILD Restricted Stock Unit Options Exercise -1,320 -7.4% 16,428 10 Mar 2023 Common Stock 1,320 Direct F1, F3
transaction GILD Restricted Stock Unit Award +6,130 +37% 22,558 10 Mar 2023 Common Stock 6,130 Direct F1, F3
transaction GILD Non-qualified Stock Option (Right to Buy) Award $0 +10,405 $0.000000 10,405 10 Mar 2023 Common Stock 10,405 $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 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 grant. The balance will vest 6.25% quarterly thereafter until fully vested.