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GILEAD SCIENCES, INC. — Director's Dealing 2016
May 4, 2016
29828_dirs_2016-05-04_60b1cf00-2f10-4efc-a32c-492ab54a2eeb.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: 2016-05-02
Reporting Person: Carter Paul Rutherford (EVP Commercial Ops)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-02 | Common Stock | M | 1817 | $40.56 | Acquired | 62939 | Direct |
| 2016-05-02 | Common Stock | M | 183 | $24.905 | Acquired | 63122 | Direct |
| 2016-05-02 | Common Stock | S | 2000 | $88.7239 | Disposed | 61122 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-02 | Non-qualified Stock Option (Right to Buy) | $40.56 | M | 1817 | Disposed | 2023-02-01 | Common Stock (1817) | Direct |
| 2016-05-02 | Non-qualified Stock Option (Right to Buy) | $24.905 | M | 183 | Disposed | 2019-07-29 | Common Stock (183) | 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 $88.715 to $88.765. 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.