Merck & Co., Inc. — Director's Dealing 2017

May 30, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Merck & Co., Inc. (MRK)
CIK: 0000310158
Period of Report: 2017-05-26

Reporting Person: LAZARUS ROCHELLE B (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-26	Phantom Stock	$	A	2618.6075	Acquired		Common Stock (2618.6075)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4594.0000	Direct
Common Stock	1757.0000	Indirect

Footnotes

F1: 1-for-1

F2: Phantom stock units are to be settled 100% in cash upon reporting person's termination of service in accordance with a distribution schedule elected pursuant to the terms of the Plan for Deferred Payment of Directors' Compensation.

F3: Holdings include shares acquired in dividend reinvestment transactions.