SEC Form 4 · accession 0001225208-16-036059
Merck & Co., Inc. · MRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth C Frazier
Officer — Chairman, President & CEO · Director
Period of report
Jul 1, 2016
Accepted (ET)
Jul 5, 2016 · 12:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000310158
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 1, 2016 | M | 32,379 | $51.02 | A | 554,856 | D | |
| Common Stock | Jul 1, 2016 | S | 32,379 | $58.00 | D | 522,477 | D | |
| Common Stock | Jul 5, 2016 | M | 27,621 | $51.02 | A | 550,098 | D | |
| Common StockF2 | Jul 5, 2016 | S | 27,621 | $58.00 | D | 522,477 | D | |
| Common Stock - 401(k) PlanF3 | holding | — | — | — | 3,699 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $51.02 | Jul 1, 2016 | M | 32,379 | D | Aug 1, 2008 | Jul 31, 2017 | Common Stock | 32,379 | 27,621 | D |
| Stock Option (right to buy)F4 | $51.02 | Jul 5, 2016 | M | 27,621 | D | Aug 1, 2008 | Jul 31, 2017 | Common Stock | 27,621 | 0 | D |
Explanation of responses
- F1The exercise and sale transactions reported in this Form 4 are made pursuant to a Rule 10b5-1 trading plan.
- F2Holdings include shares acquired in dividend reinvestment transactions.
- F3Includes shares acquired and dividends earned through April 7, 2016, in the Merck U.S. Savings Plan, a 401(k) plan.
- F4The option became exercisable in equal installments on 8/1/2008, 8/1/2009 and 8/1/2010.