SEC Form 4 · accession 0001179110-15-016421
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
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 3:40 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 | Dec 15, 2015 | M | 43,600 | $23.755 | A | 171,536 | D | |
| Common Stock | Dec 15, 2015 | M | 26,400 | $19.085 | A | 197,936 | D | |
| Common StockF4 | Dec 15, 2015 | S | 30,431 | $102.6571 | D | 167,505 | D | |
| Common StockF3 | Dec 15, 2015 | S | 39,569 | $102.221 | D | 127,936 | 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)F5 | $19.085 | Dec 15, 2015 | M | 26,400 | D | — | Jan 20, 2021 | Common Stock | 26,400 | 211,600 | D |
| Non-Qualified Stock Option (right to buy)F2 | $23.755 | Dec 15, 2015 | M | 43,600 | D | — | Jan 28, 2020 | Common Stock | 43,600 | 28,800 | 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 $101.46 to $102.45. Full information regarding the number of shares purchased or sold at each separate p2rice will be provided to the SEC, the issuer or its shareowners upon request
- F4Sale prices reported for the transactions reported here range from $102.46 to $102.99. 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.
- F5The 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.