Michael A. Klobuchar - 04 May 2023 Form 4 Insider Report for Merck & Co., Inc. (MRK)

Signature
/s/ Kelly E. W. Grez, attorney-in-fact for Michael Klobuchar
Issuer symbol
MRK
Transactions as of
04 May 2023
Net transactions value
+$53,081
Form type
4
Filing time
05 May 2023, 17:06:32 UTC
Previous filing
04 May 2023
Next filing
24 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRK Common Stock Options Exercise $104,625 +885 +4.8% $118.22 19,476 04 May 2023 Direct
transaction MRK Common Stock Tax liability $51,544 -436 -2.2% $118.22 19,040 04 May 2023 Direct
holding MRK Common Stock 6 04 May 2023 By Child
holding MRK Common Stock 6 04 May 2023 By Child
holding MRK Common Stock - 401(k) Plan 845 04 May 2023 By 401(k)
holding MRK Common Stock - 401(k) Plan 680 04 May 2023 By Spouse

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 -885 -50% $0.000000 887 04 May 2023 Common Stock 885 Direct F1, F2
* 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 5/4/2022, 5/4/2023 and 5/4/2024.