Joseph Romanelli - 30 Apr 2024 Form 4 Insider Report for Merck & Co., Inc. (MRK)

Signature
/s/ Kelly E. W. Grez, attorney-in-fact for Joseph Romanelli
Issuer symbol
MRK
Transactions as of
30 Apr 2024
Net transactions value
+$147,734
Form type
4
Filing time
02 May 2024, 16:29:38 UTC
Previous filing
14 Feb 2024
Next filing
14 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRK Common Stock Options Exercise $291,346 +2,262 +12% $128.80 21,831 02 May 2024 Direct
transaction MRK Common Stock Tax liability $143,612 -1,115 -5.1% $128.80 20,716 02 May 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 MRK Restricted Stock Unit Award $0 +6,191 $0.000000 6,191 30 Apr 2024 Common Stock 6,191 Direct F1, F2
transaction MRK Stock Option (Right to Buy) Award $0 +23,438 $0.000000 23,438 30 Apr 2024 Common Stock 23,438 $129.22 Direct F3
transaction MRK Restricted Stock Unit Options Exercise $0 -2,262 -33% $0.000000 4,524 02 May 2024 Common Stock 2,262 Direct F1, F4
* 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 4/30/2025, 4/30/2026 and 4/30/2027.
F3 The option vests and becomes exercisable in three equal installments on 4/30/2025, 4/30/2026 and 4/30/2027.
F4 These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 5/2/2024, 5/2/2025 and 5/2/2026.