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GILEAD SCIENCES, INC. — Director's Dealing 2016
Feb 3, 2016
29828_dirs_2016-02-03_8afd5f2a-433c-4367-981f-68fb3e34043c.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: 2016-02-01
Reporting Person: MARTIN JOHN C (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-01 | Common Stock | M | 100000 | $16.395 | Acquired | 4048066 | Direct |
| 2016-02-01 | Common Stock | S | 43627 | $82.9795 | Disposed | 4004439 | Direct |
| 2016-02-01 | Common Stock | S | 55973 | $83.7652 | Disposed | 3948466 | Direct |
| 2016-02-01 | Common Stock | S | 400 | $84.3475 | Disposed | 3948066 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-01 | Non-Qualified Stock option (right to buy) | $16.395 | M | 100000 | Disposed | 2017-01-22 | Common Stock (100000) | Direct |
| 2016-02-01 | Non-Qualified Stock option (right to buy) | $84.05 | A | 128630 | Acquired | 2026-02-01 | Common Stock (128630) | 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 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.
F3: 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.
F4: Sale prices reported for the transactions reported here range from $82.31 to $83.31. 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.
F5: Sale prices reported for the transactions reported here range from $83.32 to $84.30. 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.
F6: Sale prices reported for the transactions reported here range from $84.33 to $84.38. 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.