Sandra Patterson - 13 Dec 2023 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Role
SVP, Controllership
Signature
/s/ Edward S. Son by Power of Attorney for Sandra C. Patterson
Issuer symbol
GILD
Transactions as of
13 Dec 2023
Net transactions value
-$39,182
Form type
4
Filing time
16 Dec 2024, 16:22:28 UTC
Previous filing
11 Dec 2023
Next filing
12 Mar 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 +181 +0.49% 37,259 13 Dec 2023 Direct F1
transaction GILD Common Stock Options Exercise +117 +0.31% 37,376 13 Dec 2023 Direct F1
transaction GILD Common Stock Options Exercise +157 +0.42% 37,533 13 Dec 2024 Direct F1
transaction GILD Common Stock Tax liability $24,761 -298 -0.79% $83.09 37,235 13 Dec 2023 Direct F2
transaction GILD Common Stock Tax liability $14,421 -157 -0.42% $91.86 37,078 13 Dec 2024 Direct F2

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 -181 -1.5% 12,101 13 Dec 2023 Common Stock 181 Direct F1, F3
transaction GILD Restricted Stock Unit Options Exercise -117 -0.97% 11,984 13 Dec 2023 Common Stock 117 Direct F1, F4
transaction GILD Restricted Stock Unit Options Exercise -157 -1.3% 11,827 13 Dec 2024 Common Stock 157 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 the contingent right to receive one share of Gilead Sciences, Inc.'s common stock.
F2 Mandatory tax withholding on vesting of restricted stock units due to retirement eligibility.
F3 The restricted stock units have a three year vesting schedule. 33.33% vest on each yearly anniversary of the date of grant until fully vested.
F4 The restricted stock units have a four year vesting schedule. 25% vest on the first anniversary of the date of grant. The balance will vest 6.25% quarterly thereafter until fully vested.