Andrew D. Dickinson - Jan 31, 2025 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Signature
/s/ Edward S. Son by Power of Attorney for Andrew D. Dickinson
Stock symbol
GILD
Transactions as of
Jan 31, 2025
Transactions value $
-$4,222,163
Form type
4
Date filed
2/3/2025, 06:09 PM
Previous filing
Jan 16, 2025
Next filing
Feb 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise $1.52M +26.2K +20.15% $57.92 156K Jan 31, 2025 Direct F1
transaction GILD Common Stock Options Exercise $5.2M +71.9K +46.05% $72.34 228K Jan 31, 2025 Direct F1
transaction GILD Common Stock Options Exercise $2.89M +44.2K +19.29% $65.38 273K Jan 31, 2025 Direct F1
transaction GILD Common Stock Sale -$13.8M -142K -52.26% $97.22 130K Jan 31, 2025 Direct F1, F2

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 Non-qualified Stock Option (Right to Buy) Options Exercise $0 -26.2K -20% $0.00 105K Jan 31, 2025 Common Stock 26.2K $57.92 Direct F1, F3
transaction GILD Non-qualified Stock Option (Right to Buy) Options Exercise $0 -71.9K -100% $0.00 0 Jan 31, 2025 Common Stock 71.9K $72.34 Direct F1, F3
transaction GILD Non-qualified Stock Option (Right to Buy) Options Exercise $0 -44.2K -100% $0.00 0 Jan 31, 2025 Common Stock 44.2K $65.38 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 are made pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2024.
F2 Sales prices reported for the transactions reported here range from $97.22 to $97.23. Full information regarding the number of shares purchased or sold at each separate price will be provided to the SEC, the issuer or its shareowners upon request.
F3 The shares subject to the option have a four year vesting schedule. 25% vest on the first anniversary of the date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.