Kevin E. Lofton - Sep 28, 2023 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Role
Director
Signature
/s/ Edward S. Son by Power of Attorney for Kevin E. Lofton
Stock symbol
GILD
Transactions as of
Sep 28, 2023
Transactions value $
$0
Form type
4
Date filed
9/29/2023, 08:09 PM
Previous filing
Jun 30, 2023
Next filing
Dec 29, 2023

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 Phantom Stock Award $0 +31.5 +0.99% $0.00 3.19K Sep 28, 2023 Common Stock 31.5 $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Gilead common stock.
F2 Phantom shares accrued under dividend equivalent rights, which are settled in shares and distributed with the phantom stock units to which they relate.
F3 The shares of phantom stock are fully vested and, at the election of the reporting person, become payable in common stock at a later date identified by the reporting person.