David Elkins V. - 10 Mar 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
Issuer symbol
BMY
Transactions as of
10 Mar 2022
Net transactions value
-$630,969
Form type
4
Filing time
14 Mar 2022, 21:18:30 UTC
Previous filing
03 Mar 2022
Next filing
15 Sep 2022
SEC
View on sec.gov

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 +8,025 +6.6% $0.000000 129,678 10 Mar 2022 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 +1,060 +0.82% $0.000000 130,738 10 Mar 2022 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $317,948 -4,647 -3.6% $68.42 126,091 10 Mar 2022 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +8,042 +6.4% $0.000000 134,133 10 Mar 2022 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 +902 +0.67% $0.000000 135,035 10 Mar 2022 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $313,022 -4,575 -3.4% $68.42 130,460 10 Mar 2022 Direct F3
holding BMY Common Stock, $0.10 par value 201 10 Mar 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 -8,025 -33% $0.000000 16,052 10 Mar 2022 Common Stock, $0.10 par value 8,025 Direct F1, F6
transaction BMY Market Share Units Options Exercise $0 -8,042 -25% $0.000000 24,129 10 Mar 2022 Common Stock, $0.10 par value 8,042 Direct F4, F6
transaction BMY Market Share Units Award $0 +30,610 $0.000000 30,610 10 Mar 2022 Common Stock, $0.10 par value 30,610 Direct F6, F7
transaction BMY Performance Shares Award $0 +45,916 $0.000000 45,916 10 Mar 2022 Common Stock, $0.10 par value 45,916 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.