Johanna Mercier - 10 Mar 2024 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Role
Chief Commercial Officer
Signature
/s/ Amy Kim by Power of Attorney for Johanna Mercier
Issuer symbol
GILD
Transactions as of
10 Mar 2024
Net transactions value
-$342,472
Form type
4
Filing time
11 Mar 2024, 21:03:04 UTC
Previous filing
02 Feb 2024
Next filing
21 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise +3,025 +2.7% 116,172 10 Mar 2024 Direct F1
transaction GILD Common Stock Options Exercise +6,819 +5.9% 122,991 10 Mar 2024 Direct F1
transaction GILD Common Stock Tax liability $342,472 -4,559 -3.7% $75.12 118,432 10 Mar 2024 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 -3,025 -7.6% 36,962 10 Mar 2024 Common Stock 3,025 Direct F1, F2
transaction GILD Restricted Stock Unit Options Exercise -6,819 -18% 30,143 10 Mar 2024 Common Stock 6,819 Direct F1, F3
transaction GILD Non-qualified Stock Option (Right to Buy) Award $0 +87,970 $0.000000 87,970 10 Mar 2024 Common Stock 87,970 $75.12 Direct F4
transaction GILD Restricted Stock Unit Award +17,305 +57% 47,448 10 Mar 2024 Common Stock 17,305 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 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 the 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 the grant. The balance will vest 6.25% quarterly thereafter until fully vested.