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GILEAD SCIENCES, INC. — Director's Dealing 2018
Feb 23, 2018
29828_dirs_2018-02-23_8be4ee55-983d-4ba4-bac8-2932bf3d40d9.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: 2018-02-15
Reporting Person: MILLIGAN JOHN F (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-15 | Common Stock | A | 340 | $62.3475 | Acquired | 1166264 | Direct |
| 2018-02-21 | Common Stock | A | 48342 | — | Acquired | 1214606 | Direct |
| 2018-02-21 | Common Stock | A | 7709 | — | Acquired | 1222315 | Direct |
| 2018-02-21 | Common Stock | F | 8009 | $80.69 | Disposed | 1214306 | Direct |
Footnotes
F1: Shares were acquired under the Gilead Sciences, Inc. Employee Stock Purchase Plan.
F2: The amount directly beneficially owned by the Reporting Person is restated to include 223,510 shares that was erroneously categorized as being indirectly owned in prior filings. The reported shares now includes community property shares held in a living trust of which the Reporting Person and his spouse are the sole trustees and sole beneficiaries and as to which the Reporting Person has the unilateral right to withdraw such shares. The Reporting Person does not beneficially own any shares indirectly.
F3: Represents shares of the Issuer's common stock subject to specific tranches of the performance share awards made to the Reporting Person on February 1, 2016, and February 2, 2017. Such tranches of shares were subject to both performance-vesting and service-vesting requirements. The performance vesting requirement was satisfied on the date reported in Column 2 above upon certification of performance goal attainment by the Compensation Committee of the Issuer's Board of Directors. However, the shares will not be issued to the Reporting Person until such individual satisfies the applicable service-vesting requirements by continuing in the Issuer's employ through December 31, 2018 and December 31, 2019, respectively.
F4: Represents shares of the Issuer's common stock subject to specific tranches of the performance share award made to the Reporting Person on February 1, 2015. Such tranches of shares were subject to performance-vesting and service-vesting requirements and became issuable on the date reported in Column 2 above upon certification of performance goal attainment by the Compensation Committee of the Issuer's Board of Directors.