David V. Elkins - Mar 10, 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
Stock symbol
BMY
Transactions as of
Mar 10, 2023
Transactions value $
-$2,715,860
Form type
4
Date filed
3/14/2023, 08:13 PM
Previous filing
Dec 6, 2022
Next filing
Dec 5, 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 +8.03K +6.47% $0.00 132K Mar 10, 2023 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 +1.48K +1.12% $0.00 134K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$320K -4.86K -3.64% $65.71 129K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +8.04K +6.25% $0.00 137K Mar 10, 2023 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 +1.32K +0.97% $0.00 138K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$315K -4.79K -3.47% $65.71 133K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +7.65K +5.74% $0.00 141K Mar 10, 2023 Direct F5
transaction BMY Common Stock, $0.10 par value Other $0 +247 +0.18% $0.00 141K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$266K -4.04K -2.86% $65.71 137K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +48.2K +35.11% $0.00 185K Mar 10, 2023 Direct F6
transaction BMY Common Stock, $0.10 par value Other $0 +5.88K +3.17% $0.00 191K Mar 10, 2023 Direct F7
transaction BMY Common Stock, $0.10 par value Tax liability -$1.82M -27.6K -14.46% $65.71 164K Mar 10, 2023 Direct F3
holding BMY Common Stock, $0.10 par value 207 Mar 10, 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 -8.03K -49.99% $0.00 8.03K Mar 10, 2023 Common Stock, $0.10 par value 8.03K Direct F1, F9
transaction BMY Market Share Units Options Exercise $0 -8.04K -33.33% $0.00 16.1K Mar 10, 2023 Common Stock, $0.10 par value 8.04K Direct F4, F9
transaction BMY Market Share Units Options Exercise $0 -7.65K -25% $0.00 23K Mar 10, 2023 Common Stock, $0.10 par value 7.65K Direct F5, F10
transaction BMY Market Share Units Award $0 +31.6K $0.00 31.6K Mar 10, 2023 Common Stock, $0.10 par value 31.6K Direct F10, F11
transaction BMY Performance Shares Options Exercise $0 -48.2K -100% $0.00* 0 Mar 10, 2023 Common Stock, $0.10 par value 48.2K Direct F12
transaction BMY Performance Shares Award $0 +47.4K $0.00 47.4K Mar 10, 2023 Common Stock, $0.10 par value 47.4K 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.