Filing Details

Accession Number:
0001127602-23-014278
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-05-03 16:29:59
Reporting Period:
2023-05-01
Accepted Time:
2023-05-03 16:29:59
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
1820958 Michael David Williams Merck &Amp; Co., Inc.
126 East Lincoln Avenue
Rahway NJ 07065
Evp,Chief Info&Digital Officer 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 2023-05-01 577 $115.47 12,731 No 4 M Direct
Common Stock Disposition 2023-05-01 198 $115.47 12,533 No 4 F Direct
Common Stock Acquisiton 2023-05-02 6,035 $56.04 18,568 No 4 M Direct
Common Stock Disposition 2023-05-02 7,509 $116.82 11,059 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 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Disposition 2023-05-01 577 $0.00 577 $0.00
Common Stock Stock Option (Right to Buy) Disposition 2023-05-02 6,035 $0.00 6,035 $56.04
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2021-05-01 2023-05-01 No 4 M Direct
0 2019-05-04 2028-05-03 No 4 M Direct
Footnotes
  1. Holdings include shares acquired in dividend reinvestment transactions.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.7200 to $116.8800, 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.
  3. Each restricted stock unit represents a contingent right to receive one share of Merck & Co., Inc. common stock.
  4. These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 5/1/2021, 5/1/2022 and 5/1/2023.
  5. 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.
  6. The option became exercisable in equal installments on 5/4/2019, 5/4/2020, and 5/4/2021.