Phantom Shares

Phantom Shares. An award denominated in shares of the Employer's common stock pursuant to which the award holder has the right to receive an amount equal to the value of a specified number of shares of the Employer's common stock at a designated time or over a designated period and which will be payable in cash or such shares, as determined by the administrator of the Gilead Sciences, Inc. 2004 Equity Incentive Plan. Phantom Shares shall be a form of deemed investment under the Plan only with respect to the... Annual Retainers deferred hereunder by Eligible Directors View More