Deborah H. Telman - Jul 25, 2024 Form 4 Insider Report for GILEAD SCIENCES, INC. (GILD)

Signature
/s/ Edward S. Son by Power of Attorney for Deborah H. Telman
Stock symbol
GILD
Transactions as of
Jul 25, 2024
Transactions value $
-$223,180
Form type
4
Date filed
7/26/2024, 05:28 PM
Previous filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GILD Common Stock Tax liability -$223K -2.92K -20.05% $76.51 11.6K Jul 25, 2024 Direct
transaction GILD Common Stock Options Exercise +514 +4.42% 12.1K Jul 25, 2024 Direct F1
transaction GILD Common Stock Options Exercise +8.23K +67.76% 20.4K Jul 25, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GILD Restricted Stock Unit Options Exercise -514 -1.32% 38.4K Jul 25, 2024 Common Stock 514 Direct F1, F2
transaction GILD Restricted Stock Unit Options Exercise -8.23K -21.42% 30.2K Jul 25, 2024 Common Stock 8.23K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of Gilead Sciences, Inc.'s common stock.
F2 The restricted stock units have a four-year vesting schedule. 25% vest on the first anniversary of the date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.
F3 The restricted stock units have a three year vesting schedule. 33.33% will vest on each yearly anniversary of the date of the grant until fully vested.