Cari Gallman - 02 Oct 2023 Form 3 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
EVP, Corporate Affairs
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Cari Gallman
Issuer symbol
BMY
Transactions as of
02 Oct 2023
Net transactions value
$0
Form type
3
Filing time
04 Oct 2023, 21:01:45 UTC
Next filing
12 Mar 2024
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 206 02 Oct 2023 Direct

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 02 Oct 2023 Common Stock, $0.10 par value 3,183 Direct F1, F2
holding BMY Market Share Units 02 Oct 2023 Common Stock, $0.10 par value 318 Direct F3, F4
holding BMY Market Share Units 02 Oct 2023 Common Stock, $0.10 par value 698 Direct F4, F5
holding BMY Market Share Units 02 Oct 2023 Common Stock, $0.10 par value 2,732 Direct F6, F7
holding BMY Market Share Units 02 Oct 2023 Common Stock, $0.10 par value 3,468 Direct F7, F8
holding BMY Performance Shares 02 Oct 2023 Common Stock, $0.10 par value 2,094 Direct F9
holding BMY Performance Shares 02 Oct 2023 Common Stock, $0.10 par value 5,462 Direct F10
holding BMY Performance Shares 02 Oct 2023 Common Stock, $0.10 par value 5,201 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units vest in three equal installments beginning on August 1, 2024.
F2 Each restricted stock unit converts into one share of common stock upon vesting.
F3 These market share units will vest on March 10, 2024.
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 60% and the maximum payout factor is 200%.
F5 One-half of these market share units will vest on each of March 10, 2024 and March 10, 2025.
F6 One-third of these market share units will vest on each of March 10, 2024, March 10, 2025, and March 10, 2026.
F7 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%.
F8 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.
F9 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2024.
F10 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2025.
F11 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2026.

Remarks:

EXHIBIT LIST: EX-24 Exhibit 24 - Cari Gallman, GRAPHIC Exhibit 24 - Cari Gallman