Elizabeth Mily - 01 Apr 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
Issuer symbol
BMY
Transactions as of
01 Apr 2023
Net transactions value
-$221,653
Form type
4
Filing time
04 Apr 2023, 20:40:17 UTC
Previous filing
14 Mar 2023
Next filing
02 Apr 2024
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 +3,662 +12% $0.000000 34,058 01 Apr 2023 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 +1,190 +3.5% $0.000000 35,248 01 Apr 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $142,709 -2,059 -5.8% $69.31 33,189 01 Apr 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +2,684 +8.1% $0.000000 35,873 01 Apr 2023 Direct F4
transaction BMY Common Stock, $0.10 par value Tax liability $78,944 -1,139 -3.2% $69.31 34,734 01 Apr 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 -3,662 -50% $0.000000 3,663 01 Apr 2023 Common Stock, $0.10 par value 3,662 Direct F1, F5
transaction BMY Restricted Stock Units Options Exercise $0 -2,684 -50% $0.000000 2,685 01 Apr 2023 Common Stock, $0.10 par value 2,684 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.