4//SEC Filing
Zachary Jennifer 4
Accession 0001127602-23-003562
CIK 0000310158other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 4:21 PM ET
Size
9.5 KB
Accession
0001127602-23-003562
Insider Transaction Report
Form 4
Zachary Jennifer
EVP, General Counsel
Transactions
- Exercise/Conversion
Common Stock
2023-02-03$56.04/sh+75,436$4,227,433→ 129,355.941 total - Sale
Common Stock
2023-02-03$103.17/sh−75,436$7,782,762→ 53,919.941 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-02-03−75,436→ 0 totalExercise: $56.04From: 2019-05-04Exp: 2028-05-03→ Common Stock (75,436 underlying)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.0200 to $103.5450, inclusive. The reporting person undertakes to provide to Merck & Co., Inc., any security holder of Merck & Co., Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above in this footnote.
- [F2]Holdings include shares acquired in dividend reinvestment transactions.
- [F3]Exercise price and holdings reflect the adjustments that occurred as of June 2, 2021 in connection with the Organon & Co. ("Organon") spin-off as described in the registration statement on Form 10 filed with the SEC by Organon (the "Form 10"). As reported in the Form 10, all Merck stock option awards outstanding as of immediately prior to the distribution date were converted on the distribution date into adjusted Merck awards for Merck employees to preserve the same intrinsic value and general terms and conditions (including vesting) as were in place immediately prior to the adjustments.
- [F4]The option became exercisable in equal installments on 5/4/2019, 5/4/2020, and 5/4/2021.
Documents
Issuer
Merck & Co., Inc.
CIK 0000310158
Entity typeother
Related Parties
1- filerCIK 0001737231
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 4:21 PM ET
- Size
- 9.5 KB