Robert A. Michael - 16 Feb 2023 Form 4 Insider Report for AbbVie Inc. (ABBV)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Feb 2023, 16:59:24 UTC
Prior SEC filing
01 Mar 2022
Next SEC filing
02 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Steven L. Scrogham, attorney-in-fact for Robert A. Michael

Key filing fact

Robert A. Michael filed Form 4 for AbbVie Inc. (ABBV) on 21 Feb 2023.

Key facts

  • This page summarizes Robert A. Michael's Form 4 filing for AbbVie Inc. (ABBV).
  • 5 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 21 Feb 2023, 16:59.

Change

  • Previous filing in this sequence was filed on 01 Mar 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ABBV transaction

Common Stock, $0.01 par value

Award

Transaction value
$0
Shares
+69,517
Change %
+184%
Price
$0.000000
Shares after
107,394
Date
16 Feb 2023
Ownership
Direct
Footnotes
F1
ABBV transaction

Common Stock, $0.01 par value

Award

Transaction value
$0
Shares
+16,220
Change %
+15%
Price
$0.000000
Shares after
123,614
Date
16 Feb 2023
Ownership
Direct
Footnotes
F2
ABBV transaction

Common Stock, $0.01 par value

Award

Transaction value
$0
Shares
+13,218
Change %
+11%
Price
$0.000000
Shares after
136,832
Date
16 Feb 2023
Ownership
Direct
Footnotes
F3
ABBV transaction

Common Stock, $0.01 par value

Award

Transaction value
$0
Shares
+10,148
Change %
+7.4%
Price
$0.000000
Shares after
146,980
Date
16 Feb 2023
Ownership
Direct
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ABBV transaction Derivative

Option (Right to Buy)

Award

Transaction value
$0
Shares
+45,577
Change %
Price
$0.000000
Shares after
45,577
Date
16 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
45,577
Exercise price
$149.62
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents shares of AbbVie common stock issued under a performance share award granted to the reporting person on February 20, 2020. The award is subject to performance-vesting restrictions based on earnings per share and relative total shareholder return. The performance-vesting restrictions with respect to these shares were released on the date reported in Column 2 above upon certification of performance goal attainment by the Compensation Committee of AbbVie's Board of Directors. The shares will be issued to the reporting person on February 28, 2023.

Footnote F2

Represents shares of AbbVie common stock issued under a performance-vesting restricted stock unit award granted to the reporting person on February 20, 2020. The award is subject to performance-vesting restrictions based on a relative return on equity measure. The performance-vesting restrictions with respect to these shares were released on the date reported in Column 2 above upon certification of performance goal attainment by the Compensation Committee of AbbVie's Board of Directors. The shares will be issued to the reporting person on February 28, 2023.

Footnote F3

Represents shares of AbbVie common stock issued under a performance vesting restricted stock unit award granted to the reporting person on February 18, 2021. The award is subject to performance-vesting restrictions based on a relative return on equity measure. The performance-vesting restrictions with respect to these shares were released on the date reported in Column 2 above upon certification of performance goal attainment by the Compensation Committee of AbbVie's Board of Directors. The shares will be issued to the reporting person on February 28, 2023.

Footnote F4

Represents shares of AbbVie common stock issued under a performance vesting restricted stock unit award granted to the reporting person on February 17, 2022. The award is subject to performance-vesting restrictions based on a relative return on equity measure. The performance-vesting restrictions with respect to these shares were released on the date reported in Column 2 above upon certification of performance goal attainment by the Compensation Committee of AbbVie's Board of Directors. The shares will be issued to the reporting person on February 28, 2023.

Footnote F5

Employee stock option granted pursuant to the AbbVie Amended and Restated 2013 Incentive Stock Program in a transaction exempt from Section 16 under Rule 16b-3. The option becomes exercisable in annual increments of 15,193 on February 16, 2024, 15,192 on February 16, 2025, and 15,192 on February 16, 2026.

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