ELI LILLY & Co — Director's Dealing 2023

May 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ELI LILLY & Co (LLY)
CIK: 0000059478
Period of Report: 2023-04-28

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-28	Common Stock	S	18515	$395.361	Disposed	102115295	Direct
2023-04-28	Common Stock	S	64998	$396.588	Disposed	102050297	Direct
2023-04-28	Common Stock	S	38118	$397.563	Disposed	102012179	Direct
2023-04-28	Common Stock	S	30820	$398.499	Disposed	101981359	Direct
2023-04-28	Common Stock	S	13899	$399.357	Disposed	101967460	Direct
2023-04-28	Common Stock	S	8803	$400.756	Disposed	101958657	Direct
2023-04-28	Common Stock	S	32167	$401.684	Disposed	101926490	Direct
2023-04-28	Common Stock	S	11765	$402.576	Disposed	101914725	Direct
2023-04-28	Common Stock	S	5915	$403.767	Disposed	101908810	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $395.00 to $396.995, inclusive. The reporting person undertakes to provide to Eli Lilly & Company, any security holder of Eli Lilly & Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2), (3), (4), (5), (6), (7), (8), and (9) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $396.02 to $397.01, inclusive.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $397.02 to $398.01, inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $398.02 to $399.01, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $399.02 to $399.98, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $400.19 to $401.185, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $401.24 to $402.235, inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $402.24 to $403.205, inclusive.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $403.27 to $404.235, inclusive.