SEC Form 4 · accession 0001127602-16-048911
GILEAD SCIENCES, INC. · GILD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Martin
Officer — Executive Chairman · Director
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 7:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000882095
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 1, 2016 | M | 100,000 | $16.395 | A | 4,119,727 | D | |
| Common StockF3 | Apr 1, 2016 | S | 6,601 | $91.5016 | D | 4,113,126 | D | |
| Common StockF4 | Apr 1, 2016 | S | 21,025 | $92.7338 | D | 4,092,101 | D | |
| Common StockF5 | Apr 1, 2016 | S | 72,374 | $93.5388 | D | 4,019,727 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F2 | $16.395 | Apr 1, 2016 | M | 100,000 | D | — | Jan 22, 2017 | Common Stock | 100,000 | 800,000 | 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 options have a five year vesting schedule. 20% vest on the first anniversary of the date of grant. The balance will vest 5% quarterly thereafter until fully vested.
- F3Sale prices reported for the transactions reported here range from $91.10 to $92.09. 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.
- F4Sale prices reported for the transactions reported here range from $92.11 to $93.11. 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.
- F5Sale prices reported for the transactions reported here range from $93.12 to $93.99. 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.