Daniel P. O'Day - 10 Mar 2024 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Role
Chairman & CEO, Director
Signature
/s/ Amy Kim by Power of Attorney for Daniel O'Day
Issuer symbol
GILD
Transactions as of
10 Mar 2024
Net transactions value
-$1,035,304
Form type
4
Filing time
11 Mar 2024, 21:11:24 UTC
Previous filing
02 Feb 2024
Next filing
11 Jun 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 +10,800 +2.3% 479,489 10 Mar 2024 Direct F1
transaction GILD Common Stock Options Exercise +19,140 +4% 498,629 10 Mar 2024 Direct F1
transaction GILD Common Stock Tax liability $1,035,304 -13,782 -2.8% $75.12 484,847 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 -10,800 -9.7% 100,092 10 Mar 2024 Common Stock 10,800 Direct F1, F2
transaction GILD Restricted Stock Unit Options Exercise -19,140 -19% 80,952 10 Mar 2024 Common Stock 19,140 Direct F1, F3
transaction GILD Non-qualified Stock Option (Right to Buy) Award $0 +279,130 $0.000000 279,130 10 Mar 2024 Common Stock 279,130 $75.12 Direct F4
transaction GILD Restricted Stock Unit Award +54,910 +68% 135,862 10 Mar 2024 Common Stock 54,910 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 options have a four-year vesting schedule. 25% of the options will vest on the first anniversary date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.