Henry O. Gosebruch - 25 Feb 2022 Form 4 Insider Report for AbbVie Inc. (ABBV)

Signature
Steven L. Scrogham, attorney-in-fact for Henry O. Gosebruch
Issuer symbol
ABBV
Transactions as of
25 Feb 2022
Transactions value $
-$6,733,364
Form type
4
Filing time
01 Mar 2022, 17:14:20 UTC
Previous filing
22 Feb 2022
Next filing
20 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABBV Common Stock, $0.01 par value Tax liability -$4.51M -30.2K -34.75% $149.54 56.6K 25 Feb 2022 Direct
transaction ABBV Common Stock, $0.01 par value Sale -$826K -5.6K -9.88% $147.54 51K 01 Mar 2022 Direct F1
transaction ABBV Common Stock, $0.01 par value Sale -$1.23M -8.3K -16.27% $148.62 42.7K 01 Mar 2022 Direct F2
transaction ABBV Common Stock, $0.01 par value Sale -$164K -1.1K -2.58% $149.14 41.6K 01 Mar 2022 Direct F3
holding ABBV Common Stock, $0.01 par value 78.5K 25 Feb 2022 In trust F4
holding ABBV Common Stock, $0.01 par value 3.46K 25 Feb 2022 Profit sharing trust F5
* 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 $146.89 to $147.88 inclusive. The reporting person undertakes to provide AbbVie Inc., any security holder of AbbVie 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.94 to $148.93 inclusive. The reporting person undertakes to provide AbbVie Inc., any security holder of AbbVie 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.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.95 to $149.40 inclusive. The reporting person undertakes to provide AbbVie Inc., any security holder of AbbVie 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.
F4 The reporting person is trustee of a trust established for the benefit of his children. The reporting person disclaims beneficial ownership of all securities held by the trust.
F5 Balance in AbbVie Savings program as of January 31, 2022.

Remarks:

The sale transactions were made pursuant to a previously adopted plan complying with Rule 10b5-1(c).