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GILEAD SCIENCES, INC. — Director's Dealing 2014
Nov 5, 2014
29828_dirs_2014-11-05_11a2a758-6e94-4276-8f08-c22f4ba922e0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GILEAD SCIENCES INC (GILD)
CIK: 0000882095
Period of Report: 2014-11-03
Reporting Person: Carter Paul Rutherford (EVP Commercial Ops)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-11-03 | Common Stock | M | 3000 | $40.56 | Acquired | 35244 | Direct |
| 2014-11-03 | Common Stock | S | 3000 | $112.46 | Disposed | 32244 | Direct |
| 2014-11-04 | Common Stock | M | 4800 | — | Acquired | 37044 | Direct |
| 2014-11-04 | Common Stock | F | 2736 | $109.72 | Acquired | 34308 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-11-03 | Non-Qualified Stock Option (right to buy) | $40.56 | M | 3000 | Disposed | 2023-02-01 | Common Stock (3000) | Direct |
| 2014-11-04 | Restricted Stock Unit | $ | M | 4800 | Disposed | Common Stock (4800) | Direct |
Footnotes
F1: The exercise and sale transactions reported in this Form 4 are made pursuant to a Rule 10b5-1 trading plan.
F2: The 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.
F3: Sale prices reported for the transactions reported here range from $112.355 to $112.52. 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.
F4: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F5: The restricted stock units have a four year vesting schedule. 25% vest on the first anniversary of the date of grant. The balance will vest 25% every year thereafter until fully vested.