Sanat Chattopadhyay - 22 Jan 2024 Form 4 Insider Report for Merck & Co., Inc. (MRK)

Role
Exe V-P & Pres. MMD
Signature
/s/ Kelly E. W. Grez as Attorney-in-Fact for Sanat Chattopadhyay
Issuer symbol
MRK
Transactions as of
22 Jan 2024
Net transactions value
+$3,190,692
Form type
4
Filing time
24 Jan 2024, 16:05:21 UTC
Previous filing
14 Nov 2023
Next filing
25 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRK Common Stock Award $3,190,692 +26,716 $119.43 26,716 22 Jan 2024 Direct F1
holding MRK Common Stock 37,873 22 Jan 2024 By GRAT 2021 F2
holding MRK Common Stock 45,608 22 Jan 2024 By GRAT 2022 F3
holding MRK Common Stock 46,995 22 Jan 2024 By GRAT 2023 F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Distribution of net after tax shares of common stock on satisfaction of performance criteria for performance share units granted on 3/31/21. Performance shares were paid out at 161 percent of target awards. Includes dividends accrued over the three-year performance period ending December 31, 2023.
F2 The reporting person serves as the sole trustee of, and maintains complete investment control over, the Sanat Chattopadhyay 2021 Grantor Retained Annuity Trust.
F3 The reporting person serves as the sole trustee of, and maintains complete investment control over, the Sanat Chattopadhyay 2022 Grantor Retained Annuity Trust.
F4 The reporting person serves as the sole trustee of, and maintains complete investment control over, the Sanat Chattopadhyay 2023 Grantor Retained Annuity Trust.