Daniel P. O'Day - 26 Jan 2022 Form 4 Insider Report for GILEAD SCIENCES INC (GILD)

Signature
/s/ Amy Kim by Power of Attorney for Daniel O'Day
Issuer symbol
GILD
Transactions as of
26 Jan 2022
Transactions value $
-$2,278,314
Form type
4
Filing time
28 Jan 2022, 19:52:09 UTC
Next filing
03 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Award $0 +64,008 +69.19% $0 156,517 26 Jan 2022 Direct F1
transaction GILD Common Stock Award $0 +82,670 +52.82% $0 239,187 26 Jan 2022 Direct F2
transaction GILD Common Stock Tax liability -$2,278,314 -33,833 -14.14% $67.34 205,354 26 Jan 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's common stock subject to specific tranches of the performance share awards made to the Reporting Person on March 10, 2020, and March 10, 2021. Such tranches of shares were subject to both performance-vesting and service-vesting requirements. The performance vesting requirement was satisfied on the date reported in Column 2 above upon certification of performance goal attainment by the Compensation and Talent Committee of the Issuer's Board of Directors. However, the shares will not be issued to the Reporting Person until the requisite continuing service requirements are also met.
F2 Represents shares of the Issuer's common stock subject to specific tranches of the performance share award made to the Reporting Person on February 6, 2019. Such tranches of shares were subject to performance-vesting and service-vesting requirements and became issuable on the date reported in Column 2 above upon certification of performance goal attainment by the Compensation and Talent Committee of the Issuer's Board of Directors.