David V. Elkins - Mar 10, 2022 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
EVP, Chief Financial Officer
Signature
/s/ Lisa A. Atkins, attorney-in-fact for David V. Elkins
Stock symbol
BMY
Transactions as of
Mar 10, 2022
Transactions value $
-$630,969
Form type
4
Date filed
3/14/2022, 09:18 PM
Previous filing
Mar 3, 2022
Next filing
Sep 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +8.03K +6.6% $0.00 130K Mar 10, 2022 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 +1.06K +0.82% $0.00 131K Mar 10, 2022 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$318K -4.65K -3.55% $68.42 126K Mar 10, 2022 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +8.04K +6.38% $0.00 134K Mar 10, 2022 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 +902 +0.67% $0.00 135K Mar 10, 2022 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$313K -4.58K -3.39% $68.42 130K Mar 10, 2022 Direct F3
holding BMY Common Stock, $0.10 par value 201 Mar 10, 2022 BMS Savings and Investment Program F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BMY Market Share Units Options Exercise $0 -8.03K -33.33% $0.00 16.1K Mar 10, 2022 Common Stock, $0.10 par value 8.03K Direct F1, F6
transaction BMY Market Share Units Options Exercise $0 -8.04K -25% $0.00 24.1K Mar 10, 2022 Common Stock, $0.10 par value 8.04K Direct F4, F6
transaction BMY Market Share Units Award $0 +30.6K $0.00 30.6K Mar 10, 2022 Common Stock, $0.10 par value 30.6K Direct F6, F7
transaction BMY Performance Shares Award $0 +45.9K $0.00 45.9K Mar 10, 2022 Common Stock, $0.10 par value 45.9K Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of one-quarter of market share units granted on March 10, 2020.
F2 Adjustment reflects additional shares acquired upon the vesting of market share units due to the performance factor.
F3 Shares withheld for payment of taxes upon vesting of award.
F4 Represents vesting of one-quarter of market share units granted on March 10, 2021.
F5 Based on recent 401(k) plan statement.
F6 Each market share unit converts into the number of shares of common stock determined by applying a payout factor to the target number of shares vesting on a given date. The payout factor is a ratio of the average of the closing price on the measurement date plus the nine prior trading days divided by the average stock price on the grant date (also a 10-day average). The minimum payout factor that must be achieved to earn a payout is 60% and the maximum payout factor is 200%.
F7 Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.
F8 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2025.