Lisa LeCointe-Cephas - May 3, 2023 Form 4 Insider Report for Merck & Co., Inc. (MRK)

Role: SVP Chief Ethics & Com Officer
Signature: /s/ Kelly E. W. Grez as attorney-in-fact for Lisa LeCointe-Cephas
Stock symbol: MRK
Transactions as of: May 3, 2023
Transactions value $: $116,534
Form type: 4
Date filed: 5/5/2023, 05:01 PM
Previous filing: May 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRK	Common Stock	Options Exercise	$81.2K	+689	+16.58%	$117.89	4.84K	May 3, 2023	Direct
transaction	MRK	Common Stock	Tax liability	-$27.8K	-236	-4.87%	$117.89	4.61K	May 3, 2023	Direct
transaction	MRK	Common Stock	Options Exercise	$96.1K	+813	+17.64%	$118.22	5.42K	May 4, 2023	Direct
transaction	MRK	Common Stock	Tax liability	-$33K	-279	-5.15%	$118.22	5.14K	May 4, 2023	Direct

Showing 1 to 4 of 4 entries

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	MRK	Restricted Stock Unit	Options Exercise	$0	-689	-33.33%	$0.00	1.38K	May 3, 2023	Common Stock	689		Direct	F1, F2
transaction	MRK	Restricted Stock Unit	Options Exercise	$0	-813	-49.91%	$0.00	816	May 4, 2023	Common Stock	813		Direct	F1, F3

* 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 a contingent right to receive one share of Merck & Co., Inc. common stock.
F2	These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 5/3/2023, 5/3/2024, and 5/3/2025.
F3	These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 5/4/2022, 5/4/2023 and 5/4/2024.