Azita Saleki - Feb 21, 2024 Form 4 Insider Report for AbbVie Inc. (ABBV)

Signature
T.O. Odutayo, attorney-in-fact for Azita Saleki-Gerhardt
Stock symbol
ABBV
Transactions as of
Feb 21, 2024
Transactions value $
-$9,184,048
Form type
4
Date filed
2/23/2024, 05:00 PM
Previous filing
Feb 20, 2024
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABBV Common Stock, $0.01 par value Options Exercise $3.11M +52.9K +21.67% $58.88 297K Feb 21, 2024 Direct
transaction ABBV Common Stock, $0.01 par value Sale -$9.18M -52.9K -17.81% $173.71 244K Feb 21, 2024 Direct F1
holding ABBV Common Stock, $0.01 par value 2.32K Feb 21, 2024 Profit sharing trust F2
holding ABBV Common Stock, $0.01 par value 3.87K Feb 21, 2024 By spouse F3

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 ABBV Option (Right to Buy) Options Exercise -$3.11M -52.9K -100% $58.88 0 Feb 21, 2024 Common Stock 52.9K $58.88 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.51 to $174.03, inclusive. The reporting person undertakes to provide AbbVie Inc., any security holder of AbbVie Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Balance in AbbVie Savings program as of January 31, 2024.
F3 The reporting person disclaims beneficial ownership of all securities held by her spouse.
F4 Employee stock option granted pursuant to the AbbVie 2013 Incentive Stock Program in a transaction exempt from Section 16 under Rule 16b-3.