Phil M. Holzer - 15 Feb 2024 Form 3 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
SVP and Controller
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Phil M. Holzer
Issuer symbol
BMY
Transactions as of
15 Feb 2024
Net transactions value
$0
Form type
3
Filing time
23 Feb 2024, 18:03:45 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 10,011 15 Feb 2024 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 Market Share Units 15 Feb 2024 Common Stock, $0.10 par value 613 Direct F1, F2
holding BMY Market Share Units 15 Feb 2024 Common Stock, $0.10 par value 1,402 Direct F2, F3
holding BMY Market Share Units 15 Feb 2024 Common Stock, $0.10 par value 2,431 Direct F4, F5
holding BMY Market Share Units 15 Feb 2024 Common Stock, $0.10 par value 3,075 Direct F5, F6
holding BMY Performance Shares 15 Feb 2024 Common Stock, $0.10 par value 4,206 Direct F7
holding BMY Performance Shares 15 Feb 2024 Common Stock, $0.10 par value 4,861 Direct F8
holding BMY Performance Shares 15 Feb 2024 Common Stock, $0.10 par value 4,612 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These market share units will vest on March 10, 2024.
F2 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%.
F3 One-half of these market share units will vest on each of March 10, 2024 and March 10, 2025.
F4 One-third of these market share units will vest on each of March 10, 2024, March 10, 2025, and March 10, 2026.
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 80% and the maximum payout factor is 225%.
F6 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.
F7 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2024.
F8 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2025.
F9 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 - Phil M. Holzer, GRAPHIC Exhibit 24 - Phil M. Holzer