Merck EVP Exercises Options, Sells 80,315 Shares

Merck's EVP and General Counsel Jennifer Zachary exercised stock options for 54,927 shares and sold 80,315 common shares on August 12. The options exercised were worth $117.89 per share for 41,494 shares and $84.71 per share for 13,433 shares. After exercising the options, she sold a total of 80,315 common shares at an average price of $133.4557 per share. A footnote in the filing notes that the sale prices ranged from $133.03 to $133.50 across multiple transactions.

The options exercised by Zachary will vest and become exercisable in equal installments on specific dates: 41,494 options vested on May 2, 2024, May 2, 2025, and May 2, 2026; while 13,433 options vest on April 29, 2026, April 29, 2027, and April 29, 2028. The transactions reported by Zachary are not under a Rule 10b5-1 trading plan.