David V Elkins - 10 Mar 2024 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
EVP, Chief Financial Officer
Signature
/s/ Lisa A. Atkins, attorney-in-fact for David V. Elkins
Issuer symbol
BMY
Transactions as of
10 Mar 2024
Net transactions value
-$996,298
Form type
4
Filing time
12 Mar 2024, 17:43:31 UTC
Previous filing
01 Mar 2024
Next filing
15 Nov 2024
SEC
View on sec.gov

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 +8,027 +4.8% $0.000000 176,639 10 Mar 2024 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 -1,264 -0.72% $0.000000 175,375 10 Mar 2024 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $126,568 -2,353 -1.3% $53.79 173,022 10 Mar 2024 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +8,042 +4.6% $0.000000 181,064 10 Mar 2024 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 -1,386 -0.77% $0.000000 179,678 10 Mar 2024 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $151,903 -2,824 -1.6% $53.79 176,854 10 Mar 2024 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +48,257 +27% $0.000000 225,111 10 Mar 2024 Direct F5
transaction BMY Common Stock, $0.10 par value Other $0 -16,798 -7.5% $0.000000 208,313 10 Mar 2024 Direct F6
transaction BMY Common Stock, $0.10 par value Tax liability $717,828 -13,345 -6.4% $53.79 194,968 10 Mar 2024 Direct F3
holding BMY Common Stock, $0.10 par value 216 10 Mar 2024 BMS Savings and Investment Program F7

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 -8,027 -100% $0.000000* 0 10 Mar 2024 Common Stock, $0.10 par value 8,027 Direct F1, F8
transaction BMY Market Share Units Options Exercise $0 -8,042 -50% $0.000000 8,045 10 Mar 2024 Common Stock, $0.10 par value 8,042 Direct F4, F8
transaction BMY Market Share Units Other $0 -7,652 -33% $0.000000 15,306 10 Mar 2024 Common Stock, $0.10 par value 7,652 Direct F9, F10, F11
transaction BMY Market Share Units Other $0 -7,904 -25% $0.000000 23,712 10 Mar 2024 Common Stock, $0.10 par value 7,904 Direct F9, F11, F12
transaction BMY Market Share Units Award $0 +41,796 $0.000000 41,796 10 Mar 2024 Common Stock, $0.10 par value 41,796 Direct F9, F11
transaction BMY Performance Shares Options Exercise $0 -48,257 -100% $0.000000* 0 10 Mar 2024 Common Stock, $0.10 par value 48,257 Direct F13
transaction BMY Performance Shares Award $0 +62,693 $0.000000 62,693 10 Mar 2024 Common Stock, $0.10 par value 62,693 Direct F14
* 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 March 10, 2020.
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 Represents vesting of one-quarter of market share units granted on March 10, 2021.
F5 Amount represents distribution of performance shares earned under the 2020-2022 Long-Term Performance Award.
F6 Adjustment to Award based on the performance factor applied in accordance with the terms of the Award and certification of performance results by the Board.
F7 Based on recent 401(k) plan statement.
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 60% and the maximum payout factor is 200%.
F9 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%.
F10 Represents the cancellation of one-quarter of market share units granted on March 10, 2022 due to the 80% minimum payout factor not being achieved.
F11 Twenty-five percent of the market share unit award will vest on each of the first, second, third and fourth anniversaries of the grant date.
F12 Represents the cancellation of one-quarter of market share units granted on March 10, 2023 due to the 80% minimum payout factor not being achieved.
F13 Each performance share converts into one share of common stock upon distribution in the first quarter of 2024, subject to a Total Shareholder Return.
F14 Each performance share converts into one share of common stock upon distribution in the first quarter of 2027.