Steven Mizell - 02 Feb 2024 Form 4 Insider Report for Merck & Co., Inc. (MRK)

Signature
/s/ Kelly E. W. Grez as Attorney-in-Fact for Steven C. Mizell
Issuer symbol
MRK
Transactions as of
02 Feb 2024
Transactions value $
-$3,990,190
Form type
4
Filing time
02 Feb 2024, 16:07:51 UTC
Previous filing
24 Jan 2024
Next filing
10 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRK Common Stock Options Exercise $58.3K +824 +1.99% $70.71 42.1K 02 Feb 2024 Direct
transaction MRK Common Stock Options Exercise $2.37M +32.2K +76.34% $73.73 74.3K 02 Feb 2024 Direct
transaction MRK Common Stock Sale -$6.42M -50.7K -68.22% $126.65 23.6K 02 Feb 2024 Direct F1

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 MRK Stock Option (Right to Buy) Options Exercise $0 -824 -100% $0.00* 0 02 Feb 2024 Common Stock 824 $70.71 Direct F2
transaction MRK Stock Option (Right to Buy) Options Exercise $0 -32.2K -59.29% $0.00 22.1K 02 Feb 2024 Common Stock 32.2K $73.73 Direct F3
* 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 $126.4300 to $126.9000, inclusive. The reporting person undertakes to provide to Merck & Co., Inc., any security holder of Merck & Co., 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 The option vested and became exercisable in three equal installments on 10/30/2019, 10/30/2020 and 10/30/2021.
F3 The option vests and becomes exercisable in three equal installments on 5/4/2022, 5/4/2023 and 5/4/2024.