Filing Details
- Accession Number:
- 0001127602-21-028169
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-11-02 18:16:10
- Reporting Period:
- 2021-10-30
- Accepted Time:
- 2021-11-02 18:16:10
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 310158 | Merck & Co. Inc. | MRK | Pharmaceutical Preparations (2834) | 221918501 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1763963 | Frank Clyburn | Merck &Amp; Co., Inc. 2000 Galloping Hill Road Kenilworth NJ 07033 | Evp & Pres ? Human Health | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2021-10-30 | 2,358 | $88.05 | 98,257 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-10-30 | 1,162 | $88.05 | 97,095 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2021-11-01 | 19,915 | $0.00 | 117,010 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-11-01 | 19,847 | $0.00 | 136,857 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-11-01 | 39,762 | $87.87 | 97,095 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | Disposition | 2021-10-30 | 2,358 | $0.00 | 2,358 | $0.00 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2021-11-01 | 19,915 | $0.00 | 19,915 | $43.65 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2021-11-01 | 19,847 | $0.00 | 19,847 | $56.49 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2019-10-30 | 2021-10-30 | No | 4 | M | Direct |
| 0 | 2014-05-06 | 2023-05-05 | No | 4 | M | Direct |
| 19,848 | 2015-05-02 | 2024-05-01 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock - 401(K) Plan | 1,780 | Indirect | By 401(k) |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.8000 to $87.8950, 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.
- Holdings include shares acquired in dividend reinvestment transactions.
- Includes shares acquired and dividends earned through October 30, 2021 in the Merck U.S. Savings Plan, a 401(k) plan.
- Each restricted stock unit represents a contingent right to receive one share of Merck & Co., Inc. common stock.
- 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 and time-based restricted stock unit 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.
- The restricted stock units vested and were distributed in equal installments on 10/30/2019, 10/30/2020 and 10/30/2021.
- The option became exercisable in equal installments on 5/6/2014, 5/6/2015 and 5/6/2016.
- The option became exercisable in equal installments on 5/2/2015, 5/2/2016, and 5/2/2017.
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