Esteban Santos - May 5, 2024 Form 4 Insider Report for AMGEN INC (AMGN)

Signature
/s/ Esteban Santos
Stock symbol
AMGN
Transactions as of
May 5, 2024
Transactions value $
-$192,066
Form type
4
Date filed
5/7/2024, 08:39 PM
Previous filing
May 3, 2024
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMGN Common Stock Tax liability -$192K -617 -0.9% $311.29 68.3K May 5, 2024 Direct F1, F2
holding AMGN Common Stock 857 May 5, 2024 401K Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares include the following Restricted Stock Units (RSUs) granted under the Company's equity plans: 1,348 RSUs which will vest on 4/30/2025; 2,437 RSUs which will vest in installments of 1,200 on 5/2/2025, and 1,237 on 5/2/2026; and 3,559 RSUs which will vest in two installments of 1,174 each on 5/2/2025 and 5/2/2026, and one installment of 1,211 on 5/2/2027. Vested RSUs will be paid in shares of the Company's common stock on a one-to-one basis.
F2 These shares include 425 Dividend Equivalents (DEs) granted pursuant to the Amgen Inc. Amended and Restated 2009 Equity Incentive Plan and subject to a qualifying dividend reinvestment plan. DEs are credited to the reporting person's unvested RSUs and are paid out in shares of the Company's common stock on a one-to-one basis according to the vesting schedule, along with a cash payment for any remaining fractional share amount.
F3 These shares are acquired under the Company's 401(k) Plan and represent interests in the Company's stock fund as of this filing.