SEC Form 4 · accession 0001179110-15-001899
GILEAD SCIENCES, INC. · GILD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robin L Washington
Officer — EVP, CFO
Period of report
Feb 2, 2015
Accepted (ET)
Feb 4, 2015 · 8:52 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 | Feb 2, 2015 | M | 11,550 | $19.085 | A | 61,382 | D | |
| Common Stock | Feb 2, 2015 | M | 4,800 | $23.755 | A | 66,182 | D | |
| Common Stock | Feb 2, 2015 | M | 11,250 | $24.295 | A | 77,432 | D | |
| Common Stock | Feb 2, 2015 | M | 5,592 | $40.56 | A | 83,024 | D | |
| Common StockF4 | Feb 2, 2015 | S | 24,392 | $105.1379 | D | 58,632 | D | |
| Common StockF5 | Feb 2, 2015 | S | 8,200 | $105.9789 | D | 50,432 | D | |
| Common StockF6 | Feb 2, 2015 | S | 600 | $106.8517 | D | 49,832 | 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)F3 | $19.085 | Feb 2, 2015 | M | 11,550 | D | — | Jan 20, 2021 | Common Stock | 11,550 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $23.755 | Feb 2, 2015 | M | 4,800 | D | — | Jan 28, 2020 | Common Stock | 4,800 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $24.295 | Feb 2, 2015 | M | 11,250 | D | — | Jan 26, 2022 | Common Stock | 11,250 | 45,000 | D |
| Non-Qualified Stock Option (right to buy)F3 | $40.56 | Feb 2, 2015 | M | 5,592 | D | — | Feb 1, 2023 | Commmon Stock | 5,592 | 44,750 | D |
Explanation of responses
- F1The 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.
- F3The 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.
- F4Sale prices reported for the transactions reported here range from $104.63 to $105.62. 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 $105.64 to $106.55. 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.
- F6Sale prices reported for the transactions reported here range from $106.71 to $107.07. 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.