Karin Shanahan - 10 Mar 2023 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role: EVP, Glob. Prod. Dev. & Supply
Signature: /s/ Lisa A. Atkins, attorney-in-fact for Karin Shanahan
Issuer symbol: BMY
Transactions as of: 10 Mar 2023
Net transactions value: -$60,059
Form type: 4
Filing time: 14 Mar 2023, 20:12:43 UTC
Previous filing: 04 Apr 2022
Next filing: 04 Apr 2023
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	+2,447		$0.000000	2,447	10 Mar 2023	Direct	F1
transaction	BMY	Common Stock, $0.10 par value	Other	$0	+79	+3.2%	$0.000000	2,526	10 Mar 2023	Direct	F2
transaction	BMY	Common Stock, $0.10 par value	Tax liability	$60,059	-914	-36%	$65.71	1,612	10 Mar 2023	Direct	F3
holding	BMY	Common Stock, $0.10 par value						748	10 Mar 2023	BMS Savings and Investment Program	F4

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	-2,447	-25%	$0.000000	7,342	10 Mar 2023	Common Stock, $0.10 par value	2,447		Direct	F1, F5
transaction	BMY	Market Share Units	Award	$0	+13,173		$0.000000	13,173	10 Mar 2023	Common Stock, $0.10 par value	13,173		Direct	F5, F6
transaction	BMY	Performance Shares	Award	$0	+19,760		$0.000000	19,760	10 Mar 2023	Common Stock, $0.10 par value	19,760		Direct	F7

* 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, 2022.
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 awards.
F4	Based on recent 401(k) plan statement.
F5	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 80% and the maximum payout factor is 225%.
F6	Twenty-five percent of the market share unit award will vest on each of the first, second, third and fourth anniversaries of the grant date.
F7	Each performance share converts into one share of common stock upon distribution in the first quarter of 2026.