Dalton E. Smart III - 03 May 2024 Form 4 Insider Report for Merck & Co., Inc. (MRK)

Role
SVP Fin. - Global Controller
Signature
/s/ Kelly E. W. Grez, attorney-in-fact for Dalton Smart
Issuer symbol
MRK
Transactions as of
03 May 2024
Net transactions value
+$193,568
Form type
4
Filing time
06 May 2024, 16:10:26 UTC
Previous filing
02 May 2024
Next filing
29 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRK Common Stock Options Exercise $66,182 +516 +18% $128.26 3,433 03 May 2024 Direct
transaction MRK Common Stock Tax liability $32,706 -255 -7.4% $128.26 3,178 03 May 2024 Direct
transaction MRK Common Stock Options Exercise $196,238 +1,530 +48% $128.26 4,708 03 May 2024 Direct
transaction MRK Common Stock Tax liability $75,673 -590 -13% $128.26 4,118 03 May 2024 Direct
transaction MRK Common Stock Options Exercise $78,036 +612 +15% $127.51 4,730 04 May 2024 Direct
transaction MRK Common Stock Tax liability $38,508 -302 -6.4% $127.51 4,428 04 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 Options Exercise $0 -516 -50% $0.000000 518 03 May 2024 Common Stock 516 Direct F1, F2
transaction MRK Restricted Stock Unit Options Exercise $0 -1,530 -50% $0.000000 1,532 03 May 2024 Common Stock 1,530 Direct F1, F2
transaction MRK Restricted Stock Unit Options Exercise $0 -612 -100% $0.000000* 0 04 May 2024 Common Stock 612 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 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 equal, annual installments with one installment having vested on 5/3/2024 and the last installment to vest on 5/3/2025.
F3 These restricted stock units vested and were distributed as shares of Merck & Co., Inc. common stock on 5/4/2024.