Adam Lenkowsky - 26 Apr 2023 Form 3 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
EVP, Chief Commercial Officer
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Adam Lenkowsky
Issuer symbol
BMY
Transactions as of
26 Apr 2023
Net transactions value
$0
Form type
3
Filing time
03 May 2023, 19:35:00 UTC
Next filing
03 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BMY Common Stock, $0.10 par value 5,149 26 Apr 2023 BMS Savings and Investment Program F1
holding BMY Common Stock, $0.10 par value 4,900 26 Apr 2023 By Spouse

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
holding BMY Restricted Stock Units 26 Apr 2023 Common Stock, $0.10 par value 1,077 Direct F2, F3
holding BMY Market Share Units 26 Apr 2023 Common Stock, $0.10 par value 1,698 Direct F4, F5
holding BMY Market Share Units 26 Apr 2023 Common Stock, $0.10 par value 3,806 Direct F5, F6
holding BMY Market Share Units 26 Apr 2023 Common Stock, $0.10 par value 5,478 Direct F7, F8
holding BMY Market Share Units 26 Apr 2023 Common Stock, $0.10 par value 8,001 Direct F8, F9
holding BMY Performance Shares 26 Apr 2023 Common Stock, $0.10 par value 11,416 Direct F10
holding BMY Performance Shares 26 Apr 2023 Common Stock, $0.10 par value 10,955 Direct F11
holding BMY Performance Shares 26 Apr 2023 Common Stock, $0.10 par value 12,002 Direct F12
holding BMY Market Share Units 26 Apr 2023 Common Stock, $0.10 par value 1,802 By Spouse F13, F14
holding BMY Performance Shares 26 Apr 2023 Common Stock, $0.10 par value 3,580 By Spouse F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on recent 401(k) plan statement.
F2 These restricted stock units will vest on June 3, 2023.
F3 Each restricted stock unit converts into one share of common stock upon vesting.
F4 These market share units will vest on March 10, 2024.
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 One-half of these market share units will vest on each of March 10, 2024 and March 10, 2025.
F7 One-third of these market share units will vest on each of March 10, 2024, March 10, 2025, and March 10, 2026.
F8 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%.
F9 Twenty-five percent of these market share units will vest on each of the first, second, third, and fourth anniversaries of the grant date, starting on March 10, 2024.
F10 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2024.
F11 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2025.
F12 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2026.
F13 These market share units ("MSUs"), held by the reporting person's spouse, include 925 MSUs that will vest on March 10, 2024, 597 on March 10, 2025, and 280 on March 10, 2026.
F14 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). For MSUs vesting on March 10, 2024 and March 10, 2025, the minimum payout factor that must be achieved to earn a payout is 60% and the maximum payout factor is 200%. For MSUs vesting on March 10, 2026, the minimum payout factor that must be achieved to earn a payout of 80% and the maximum payout of 225%.
F15 These performance share units ("PSUs"), held by the reporting person's spouse, include 1,909 PSUs that will vest on March 10, 2024, and 1,671 on March 10, 2025.

Remarks:

EXHIBIT LIST: EX-24 Exhibit 24 - Adam Lenkowsky, GRAPHIC Exhibit 24 - Adam Lenkowsky