Amanda Poole Ahn - 01 Jan 2024 Form 3 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role: EVP, Chief Human Resources
Signature: /s/ Lisa A. Atkins, attorney-in-fact for Amanda Poole Ahn
Issuer symbol: BMY
Transactions as of: 01 Jan 2024
Net transactions value: $0
Form type: 3
Filing time: 03 Jan 2024, 17:48:02 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						164	01 Jan 2024	BMS Savings and Investment Program	F1

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	Market Share Units							01 Jan 2024	Common Stock, $0.10 par value	628		Direct	F2, F3
holding	BMY	Market Share Units							01 Jan 2024	Common Stock, $0.10 par value	1,380		Direct	F3, F4
holding	BMY	Market Share Units							01 Jan 2024	Common Stock, $0.10 par value	2,431		Direct	F5, F6
holding	BMY	Market Share Units							01 Jan 2024	Common Stock, $0.10 par value	3,214		Direct	F6, F7
holding	BMY	Performance Shares							01 Jan 2024	Common Stock, $0.10 par value	4,140		Direct	F8
holding	BMY	Performance Shares							01 Jan 2024	Common Stock, $0.10 par value	4,861		Direct	F9
holding	BMY	Performance Shares							01 Jan 2024	Common Stock, $0.10 par value	4,822		Direct	F10

* 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 market share units will vest on March 10, 2024.
F3	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%.
F4	One-half of these market share units will vest on each of March 10, 2024 and March 10, 2025.
F5	One-third of these market share units will vest on each of March 10, 2024, March 10, 2025, and March 10, 2026.
F6	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%.
F7	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.
F8	Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2024.
F9	Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2025.
F10	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 - Amanda Poole Ahn, GRAPHIC Exhibit 24 - Amanda Poole Ahn