Kevin E. Lofton - 28 Sep 2023 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Role
Director
Signature
/s/ Edward S. Son by Power of Attorney for Kevin E. Lofton
Issuer symbol
GILD
Transactions as of
28 Sep 2023
Net transactions value
$0
Form type
4
Filing time
29 Sep 2023, 21:09:35 UTC
Previous filing
30 Jun 2023
Next filing
29 Dec 2023
SEC
View on sec.gov

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 Phantom Stock Award $0 +31 +0.99% $0.000000 3,195 28 Sep 2023 Common Stock 31 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Gilead common stock.
F2 Phantom shares accrued under dividend equivalent rights, which are settled in shares and distributed with the phantom stock units to which they relate.
F3 The shares of phantom stock are fully vested and, at the election of the reporting person, become payable in common stock at a later date identified by the reporting person.