SEC Form 4 · accession 0001179110-15-001042
GILEAD SCIENCES, INC. · GILD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Norbert W Bischofberger
Officer — EVP, R&D and CSO
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 12:46 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 | Jan 15, 2015 | M | 70,000 | $16.395 | A | 189,302 | D | |
| Common StockF3 | Jan 15, 2015 | S | 32,142 | $97.8123 | D | 157,160 | D | |
| Common StockF4 | Jan 15, 2015 | S | 26,179 | $98.7731 | D | 130,981 | D | |
| Common StockF5 | Jan 15, 2015 | S | 11,679 | $99.6163 | D | 119,302 | 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 | Jan 15, 2015 | M | 70,000 | D | — | Jan 22, 2017 | Common Stock | 70,000 | 90,000 | 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 $97.27 to $98.25. 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 $98.27 to $99.25. 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 $99.27 to $100.25. 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