Sharon Greenlees - May 2, 2023 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
SVP & Controller
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Sharon Greenlees
Stock symbol
BMY
Transactions as of
May 2, 2023
Transactions value $
-$23,563
Form type
4
Date filed
5/3/2023, 07:36 PM
Previous filing
Mar 14, 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 +689 $0.00 689 May 2, 2023 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 -62 -9% $0.00 627 May 2, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$15.5K -227 -36.2% $68.10 400 May 2, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +328 +82% $0.00 728 May 2, 2023 Direct F1
transaction BMY Common Stock, $0.10 par value Tax liability -$8.1K -119 -16.35% $68.10 609 May 2, 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 -689 -25% $0.00 2.07K May 2, 2023 Common Stock, $0.10 par value 689 Direct F1, F4
transaction BMY Restricted Stock Units Options Exercise $0 -328 -25% $0.00 984 May 2, 2023 Common Stock, $0.10 par value 328 Direct F1, F5
* 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 May 2, 2022.
F2 Adjustment reflects shares disposed upon the vesting of market share units due to the performance factor.
F3 Shares withheld for payment of taxes upon vesting of awards.
F4 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%.
F5 Each restricted stock unit converts into one share of common stock upon vesting.