Sharon Greenlees - May 2, 2022 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
SVP & Controller
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Sharon Greenlees
Stock symbol
BMY
Transactions as of
May 2, 2022
Transactions value $
$0
Form type
4
Date filed
5/4/2022, 07:29 PM
Previous filing
May 4, 2022
Next filing
Mar 14, 2023

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 Restricted Stock Units Award $0 +1.31K $0.00 1.31K May 2, 2022 Common Stock, $0.10 par value 1.31K Direct F1, F2
transaction BMY Market Share Units Award $0 +2.76K $0.00 2.76K May 2, 2022 Common Stock, $0.10 par value 2.76K Direct F3, F4
transaction BMY Performance Shares Award $0 +4.13K $0.00 4.13K May 2, 2022 Common Stock, $0.10 par value 4.13K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit converts into one share of common stock upon vesting.
F2 The restricted stock units vest in four equal installments beginning on May 2, 2023.
F3 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%.
F4 Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.
F5 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2025.