Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  YOUNG KEVIN
2. Date of Event Requiring Statement (Month/Day/Year)
05/24/2016
3. Issuer Name and Ticker or Trading Symbol
GILEAD SCIENCES INC [GILD]
(Last)
(First)
(Middle)
333 LAKESIDE DRIVE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

FOSTER CITY, CA 94404
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 1,126
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified Stock Option (Right to Buy)   (1) 02/01/2023 Common Stock 27,118 $ 40.56 D  
Non-qualified Stock Option (Right to Buy)   (1) 02/01/2024 Common Stock 4,641 $ 80.65 D  
Non-qualified Stock Option (Right to Buy)   (1) 02/10/2025 Common Stock 6,820 $ 98.32 D  
Non-qualified Stock Option (Right to Buy)   (1) 02/10/2026 Common Stock 7,715 $ 87.8 D  
Restricted Stock Unit   (2) 02/10/2026 Common Stock 8,060 $ (3) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
YOUNG KEVIN
333 LAKESIDE DRIVE
FOSTER CITY, CA 94404
      Chief Operating Officer  

Signatures

/s/ Kevin Young 05/31/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The options have a four year vesting schedule. 25% of the options will vest on the first anniversary date of the grant. The balance will vest 6.25% quarterly thereafter until fully vested.
(2) The restricted stock units have a four year vesting schedule. 25% vest on the anniversary of the date of grant until fully vested.
(3) Each restricted stock unit represents the contingent right to receive one share of Gilead Sciences, Inc.'s common stock.

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