Andrew D. Dickinson - Feb 12, 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
Feb 12, 2025
Transactions value $
-$4,812,368
Form type
4
Date filed
2/13/2025, 09:13 PM
Previous filing
Feb 6, 2025
Next filing
Feb 19, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Options Exercise $4.97M +77.7K +45.37% $63.91 249K Feb 12, 2025 Direct F1
transaction GILD Common Stock Options Exercise $1.52M +26.2K +10.52% $57.92 275K Feb 12, 2025 Direct F1
transaction GILD Common Stock Options Exercise $1.26M +15.6K +5.67% $80.72 291K Feb 12, 2025 Direct F1
transaction GILD Common Stock Options Exercise $1.52M +18.2K +6.26% $83.49 309K Feb 12, 2025 Direct F1
transaction GILD Common Stock Sale -$14.1M -138K -44.57% $102.22 171K Feb 12, 2025 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 GILD Non-qualified Stock Option (Right to Buy) Options Exercise $0 -77.7K -81.25% $0.00 17.9K Feb 12, 2025 Common Stock 77.7K $63.91 Direct F1, F2
transaction GILD Non-qualified Stock Option (Right to Buy) Options Exercise $0 -26.2K -25% $0.00 78.5K Feb 12, 2025 Common Stock 26.2K $57.92 Direct F1, F2
transaction GILD Non-qualified Stock Option (Right to Buy) Options Exercise $0 -15.6K -100% $0.00 0 Feb 12, 2025 Common Stock 15.6K $80.72 Direct F1, F2
transaction GILD Non-qualified Stock Option (Right to Buy) Options Exercise $0 -18.2K -100% $0.00 0 Feb 12, 2025 Common Stock 18.2K $83.49 Direct F1, F2
* 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 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.