Elizabeth Mily - Apr 1, 2023 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
EVP, Strategy & BD
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Elizabeth Mily
Stock symbol
BMY
Transactions as of
Apr 1, 2023
Transactions value $
-$221,653
Form type
4
Date filed
4/4/2023, 08:40 PM
Previous filing
Mar 14, 2023
Next filing
Apr 2, 2024

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 +3.66K +12.05% $0.00 34.1K Apr 1, 2023 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 +1.19K +3.49% $0.00 35.2K Apr 1, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$143K -2.06K -5.84% $69.31 33.2K Apr 1, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +2.68K +8.09% $0.00 35.9K Apr 1, 2023 Direct F4
transaction BMY Common Stock, $0.10 par value Tax liability -$78.9K -1.14K -3.18% $69.31 34.7K Apr 1, 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 -3.66K -49.99% $0.00 3.66K Apr 1, 2023 Common Stock, $0.10 par value 3.66K Direct F1, F5
transaction BMY Restricted Stock Units Options Exercise $0 -2.68K -49.99% $0.00 2.69K Apr 1, 2023 Common Stock, $0.10 par value 2.68K Direct F4, F6
* 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 April 1, 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 award.
F4 The restricted stock units vest in four equal annual installments beginning on April 1, 2021.
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 60% and the maximum payout factor is 200%.
F6 Each restricted stock unit converts into one share of common stock upon vesting.