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GILEAD SCIENCES, INC. — Director's Dealing 2015
May 19, 2015
29828_dirs_2015-05-19_aaaab1b5-a24b-4cef-9efd-71f86d2128d8.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: 2015-05-15
Reporting Person: Alton Gregg H (EVP, Corp & Med Affairs)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-05-15 | Common Stock | M | 24375 | $19.085 | Acquired | 167797 | Direct |
| 2015-05-15 | Common Stock | M | 625 | $23.60 | Acquired | 168422 | Direct |
| 2015-05-15 | Common Stock | S | 25000 | $110.0084 | Disposed | 143422 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-05-15 | Non-Qualified Stock Option (right to buy) | $19.085 | M | 24375 | Disposed | 2021-01-20 | Common Stock (24375) | Direct |
| 2015-05-15 | Non-Qualified Stock Option (right to buy) | $23.60 | M | 625 | Disposed | 2019-01-21 | Common Stock (625) | 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: The 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.
F4: Sale prices reported for the transactions reported here range from $110.00 to $110.08. 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.