Dalton Smart - May 3, 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
Stock symbol: MRK
Transactions as of: May 3, 2024
Transactions value $: $193,568
Form type: 4
Date filed: 5/6/2024, 04:10 PM
Previous filing: May 2, 2024
Next filing: Jan 29, 2025

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRK	Common Stock	Options Exercise	$66.2K	+516	+17.69%	$128.26	3.43K	May 3, 2024	Direct
transaction	MRK	Common Stock	Tax liability	-$32.7K	-255	-7.43%	$128.26	3.18K	May 3, 2024	Direct
transaction	MRK	Common Stock	Options Exercise	$196K	+1.53K	+48.14%	$128.26	4.71K	May 3, 2024	Direct
transaction	MRK	Common Stock	Tax liability	-$75.7K	-590	-12.53%	$128.26	4.12K	May 3, 2024	Direct
transaction	MRK	Common Stock	Options Exercise	$78K	+612	+14.86%	$127.51	4.73K	May 4, 2024	Direct
transaction	MRK	Common Stock	Tax liability	-$38.5K	-302	-6.38%	$127.51	4.43K	May 4, 2024	Direct

Showing 1 to 6 of 6 entries

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	-49.9%	$0.00	518	May 3, 2024	Common Stock	516		Direct	F1, F2
transaction	MRK	Restricted Stock Unit	Options Exercise	$0	-1.53K	-49.97%	$0.00	1.53K	May 3, 2024	Common Stock	1.53K		Direct	F1, F2
transaction	MRK	Restricted Stock Unit	Options Exercise	$0	-612	-100%	$0.00^*	0	May 4, 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.