David Elkins V. - 10 Mar 2023 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 2023
Net transactions value
-$2,715,860
Form type
4
Filing time
14 Mar 2023, 20:13:17 UTC
Previous filing
06 Dec 2022
Next filing
05 Dec 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 +8,025 +6.5% $0.000000 132,105 10 Mar 2023 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 +1,484 +1.1% $0.000000 133,589 10 Mar 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $319,613 -4,864 -3.6% $65.71 128,725 10 Mar 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +8,042 +6.2% $0.000000 136,767 10 Mar 2023 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 +1,320 +0.97% $0.000000 138,087 10 Mar 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $314,685 -4,789 -3.5% $65.71 133,298 10 Mar 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +7,652 +5.7% $0.000000 140,950 10 Mar 2023 Direct F5
transaction BMY Common Stock, $0.10 par value Other $0 +247 +0.18% $0.000000 141,197 10 Mar 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $265,534 -4,041 -2.9% $65.71 137,156 10 Mar 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +48,152 +35% $0.000000 185,308 10 Mar 2023 Direct F6
transaction BMY Common Stock, $0.10 par value Other $0 +5,879 +3.2% $0.000000 191,187 10 Mar 2023 Direct F7
transaction BMY Common Stock, $0.10 par value Tax liability $1,816,027 -27,637 -14% $65.71 163,550 10 Mar 2023 Direct F3
holding BMY Common Stock, $0.10 par value 207 10 Mar 2023 BMS Savings and Investment Program F8

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 -50% $0.000000 8,027 10 Mar 2023 Common Stock, $0.10 par value 8,025 Direct F1, F9
transaction BMY Market Share Units Options Exercise $0 -8,042 -33% $0.000000 16,087 10 Mar 2023 Common Stock, $0.10 par value 8,042 Direct F4, F9
transaction BMY Market Share Units Options Exercise $0 -7,652 -25% $0.000000 22,958 10 Mar 2023 Common Stock, $0.10 par value 7,652 Direct F5, F10
transaction BMY Market Share Units Award $0 +31,616 $0.000000 31,616 10 Mar 2023 Common Stock, $0.10 par value 31,616 Direct F10, F11
transaction BMY Performance Shares Options Exercise $0 -48,152 -100% $0.000000* 0 10 Mar 2023 Common Stock, $0.10 par value 48,152 Direct F12
transaction BMY Performance Shares Award $0 +47,424 $0.000000 47,424 10 Mar 2023 Common Stock, $0.10 par value 47,424 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, 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 awards.
F4 Represents vesting of one-quarter of market share units granted on March 10, 2021.
F5 Represents vesting of one-quarter of market share units granted on March 10, 2022.
F6 Amount represents distribution of performance shares earned under the 2020-2022 Long-Term Performance Award.
F7 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.
F8 Based on recent 401(k) plan statement.
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 the market share unit award will vest on each of the first, second, third and fourth anniversaries of the grant date.
F12 Each performance share 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 converts into one share of common stock upon distribution in the first quarter of 2026.