SEC Form 4 · accession 0001127602-17-026845
GILEAD SCIENCES, INC. · GILD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg H Alton
Officer — EVP Comm&Acs ALA, Corp&Med Aff
Period of report
Aug 30, 2017
Accepted (ET)
Sep 1, 2017 · 5:15 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 | Aug 30, 2017 | M | 22,124 | $24.905 | A | 113,237 | D | |
| Common Stock | Aug 30, 2017 | M | 21,001 | $26.99 | A | 134,238 | D | |
| Common Stock | Aug 30, 2017 | S | 50,000 | $79.00 | D | 84,238 | 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 | $24.905 | Aug 30, 2017 | M | 22,124 | D | — | Jul 29, 2019 | Common Stock | 22,124 | 67,876 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $26.99 | Aug 30, 2017 | M | 21,001 | D | — | Jul 30, 2018 | Common Stock | 21,001 | 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 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.