Daniel P. O'Day - 01 Mar 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
01 Mar 2022
Transactions value $
-$1,400,744
Form type
4
Filing time
03 Mar 2022, 18:15:12 UTC
Previous filing
28 Jan 2022
Next filing
14 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise +11,362 +5.53% 216,716 01 Mar 2022 Direct F1
transaction GILD Common Stock Options Exercise +42,922 +19.81% 259,638 01 Mar 2022 Direct F1
transaction GILD Common Stock Tax liability -$1,400,743 -23,245 -8.95% $60.26 236,393 01 Mar 2022 Direct

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 -11,362 -7.53% 139,494 01 Mar 2022 Common Stock 11,362 Direct F1, F2
transaction GILD Restricted Stock Unit Options Exercise -42,922 -30.77% 96,572 01 Mar 2022 Common Stock 42,922 Direct F1, F3
* 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 The restricted stock units have a four-year vesting schedule. 25% vest on each yearly anniversary of the date of grant until fully vested.
F3 The restricted stock units have a three year vesting schedule. 1/3 vest on each yearly anniversary of the date of grant until fully vested.