Giovanni Caforio - Mar 10, 2023 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
Board Chair and CEO, Director
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Giovanni Caforio
Stock symbol
BMY
Transactions as of
Mar 10, 2023
Transactions value $
-$9,067,257
Form type
4
Date filed
3/14/2023, 08:13 PM
Previous filing
Feb 8, 2023
Next filing
May 8, 2023

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 +24.8K +10.5% $0.00 261K Mar 10, 2023 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 +9.04K +3.47% $0.00 270K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$1.14M -17.3K -6.41% $65.71 253K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +23.4K +9.27% $0.00 276K Mar 10, 2023 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 +4.33K +1.57% $0.00 280K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$932K -14.2K -5.06% $65.71 266K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +23.8K +8.95% $0.00 290K Mar 10, 2023 Direct F5
transaction BMY Common Stock, $0.10 par value Other $0 +3.91K +1.35% $0.00 294K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$932K -14.2K -4.82% $65.71 280K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +22.2K +7.94% $0.00 302K Mar 10, 2023 Direct F6
transaction BMY Common Stock, $0.10 par value Other $0 +718 +0.24% $0.00 303K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$771K -11.7K -3.87% $65.71 291K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +140K +48.27% $0.00 431K Mar 10, 2023 Direct F7
transaction BMY Common Stock, $0.10 par value Other $0 +17.1K +3.98% $0.00 449K Mar 10, 2023 Direct F8
transaction BMY Common Stock, $0.10 par value Tax liability -$5.3M -80.6K -17.97% $65.71 368K Mar 10, 2023 Direct F3

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 -24.8K -100% $0.00* 0 Mar 10, 2023 Common Stock, $0.10 par value 24.8K Direct F1, F9
transaction BMY Market Share Units Options Exercise $0 -23.4K -50% $0.00 23.4K Mar 10, 2023 Common Stock, $0.10 par value 23.4K Direct F4, F9
transaction BMY Market Share Units Options Exercise $0 -23.8K -33.33% $0.00 47.6K Mar 10, 2023 Common Stock, $0.10 par value 23.8K Direct F5, F9
transaction BMY Market Share Units Options Exercise $0 -22.2K -25% $0.00 66.6K Mar 10, 2023 Common Stock, $0.10 par value 22.2K Direct F6, F10
transaction BMY Market Share Units Award $0 +93.7K $0.00 93.7K Mar 10, 2023 Common Stock, $0.10 par value 93.7K Direct F10, F11
transaction BMY Performance Shares Options Exercise $0 -140K -100% $0.00* 0 Mar 10, 2023 Common Stock, $0.10 par value 140K Direct F12
transaction BMY Performance Shares Award $0 +141K $0.00 141K Mar 10, 2023 Common Stock, $0.10 par value 141K Direct F13
* 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, 2019.
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, 2020.
F5 Represents vesting of one-quarter of market share units granted on March 10, 2021.
F6 Represents vesting of one-quarter of market share units granted on March 10, 2022.
F7 Amount represents distribution of performance shares earned under the 2020-2022 Long-Term Performance Award.
F8 Adjustment to Award based on the performance factor applied in accordance with the terms of the Award and certification of performance results by the Board.
F9 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%.
F10 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%.
F11 Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.
F12 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2023, subject to a Total Shareholder Return.
F13 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2026.