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

Role
EVP, General Counsel
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Sandra Leung
Issuer symbol
BMY
Transactions as of
10 Mar 2023
Net transactions value
-$2,240,974
Form type
4
Filing time
14 Mar 2023, 20:28:53 UTC
Previous filing
07 Jun 2022
Next filing
24 Nov 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 +6,272 +2% $0.000000 314,899 10 Mar 2023 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 +2,287 +0.73% $0.000000 317,186 10 Mar 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $287,481 -4,375 -1.4% $65.71 312,811 10 Mar 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +5,787 +1.8% $0.000000 318,598 10 Mar 2023 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 +1,070 +0.34% $0.000000 319,668 10 Mar 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $230,314 -3,505 -1.1% $65.71 316,163 10 Mar 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +5,856 +1.9% $0.000000 322,019 10 Mar 2023 Direct F5
transaction BMY Common Stock, $0.10 par value Other $0 +961 +0.3% $0.000000 322,980 10 Mar 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $228,999 -3,485 -1.1% $65.71 319,495 10 Mar 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +5,349 +1.7% $0.000000 324,844 10 Mar 2023 Direct F6
transaction BMY Common Stock, $0.10 par value Other $0 +173 +0.05% $0.000000 325,017 10 Mar 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $185,499 -2,823 -0.87% $65.71 322,194 10 Mar 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +34,726 +11% $0.000000 356,920 10 Mar 2023 Direct F7
transaction BMY Common Stock, $0.10 par value Other $0 +4,240 +1.2% $0.000000 361,160 10 Mar 2023 Direct F8
transaction BMY Common Stock, $0.10 par value Tax liability $1,308,680 -19,916 -5.5% $65.71 341,244 10 Mar 2023 Direct F3
holding BMY Common Stock, $0.10 par value 6,998 10 Mar 2023 BMS Savings and Investment Program F9
holding BMY Common Stock, $0.10 par value 83,606 10 Mar 2023 Trust F10

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 -6,272 -100% $0.000000* 0 10 Mar 2023 Common Stock, $0.10 par value 6,272 Direct F1, F11
transaction BMY Market Share Units Options Exercise $0 -5,787 -50% $0.000000 5,789 10 Mar 2023 Common Stock, $0.10 par value 5,787 Direct F4, F11
transaction BMY Market Share Units Options Exercise $0 -5,856 -33% $0.000000 11,714 10 Mar 2023 Common Stock, $0.10 par value 5,856 Direct F5, F11
transaction BMY Market Share Units Options Exercise $0 -5,349 -25% $0.000000 16,049 10 Mar 2023 Common Stock, $0.10 par value 5,349 Direct F6, F12
transaction BMY Market Share Units Award $0 +21,663 $0.000000 21,663 10 Mar 2023 Common Stock, $0.10 par value 21,663 Direct F12, F13
transaction BMY Performance Shares Options Exercise $0 -34,726 -100% $0.000000* 0 10 Mar 2023 Common Stock, $0.10 par value 34,726 Direct F14
transaction BMY Performance Shares Award $0 +32,494 $0.000000 32,494 10 Mar 2023 Common Stock, $0.10 par value 32,494 Direct F15
* 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 Based on recent 401(k) plan statement.
F10 Shares held in a Spousal Lifetime Access Trust (SLAT).
F11 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%.
F12 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%.
F13 Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.
F14 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.
F15 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2026.