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EVP of Gilead Sciences just cashed-in 70,000 options

Norbert W Bischofberger, EVP of Gilead Sciences, recently cashed-in 70,000 options. The options were exercised at $23.75, while the disposals took place between $102.26 and $103.79 per share, on November 16, 2015. Bischofberger continues to hold 165,168 shares of the company. Bischofberger operates out of Foster City, CA. Some additional info was provided as follows:

The exercise and sale transactions reported in this Form 4 are made pursuant to a Rule 10b5-1 trading plan. The options have a five year vesting schedule. 20% vest on the first anniversary of the date of grant...

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