SEC Form 4 · accession 0001225208-18-013520
Merck & Co., Inc. · MRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam H Schechter
Officer — EVP & Pres-Global Human Health
Period of report
Sep 17, 2018
Accepted (ET)
Sep 18, 2018 · 4:49 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 | Sep 17, 2018 | M | 100,000 | $36.56 | A | 100,000 | D | |
| Common StockF2 | Sep 17, 2018 | S | 100,000 | $70.1778 | D | 0 | D | |
| Common StockF4,F5 | Sep 17, 2018 | S | 7,360 | $70.1781 | D | 55,406 | I | By Trust |
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)F6 | $36.56 | Sep 17, 2018 | M | 100,000 | D | May 4, 2012 | May 3, 2021 | Common Stock | 100,000 | 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.6600 to $70.4200, 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 above in this footnote.
- F3The sale reported in this Form 4 is made pursuant to a Rule 10b5-1 trading plan.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.7300 to $70.4400, 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 above in this footnote.
- F5Holdings include shares acquired in dividend reinvestment transactions.
- F6The option became exercisable in equal installments on 5/4/2012, 5/4/2013 and 5/4/2014.