SEC Form 4 · accession 0001127602-18-010234
GILEAD SCIENCES, INC. · GILD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg H Alton
Officer — EVP,Corporate &Medical Affairs
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 7:04 pm EST
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 | Mar 1, 2018 | M | 17,250 | $40.56 | A | 69,426 | D | |
| Common StockF3 | Mar 1, 2018 | S | 5,701 | $77.643 | D | 63,725 | D | |
| Common StockF4 | Mar 1, 2018 | S | 16,200 | $78.9244 | D | 47,525 | D | |
| Common StockF5 | Mar 1, 2018 | S | 3,099 | $79.4116 | D | 44,426 | 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 | $40.56 | Mar 1, 2018 | M | 17,250 | D | — | Feb 1, 2023 | Common Stock | 17,250 | 55,596 | 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 four year vesting schedule. 25% of the options will vest on the first anniversary date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.
- F3Sale prices reported for the transactions reported here range from $77.17 to $78.14. 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 $78.21 to $79.21. 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 $79.22 to $79.66. 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.