SANDRA LEUNG - 10 Mar 2024 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
EVP, General Counsel
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Sandra Leung
Issuer symbol
BMY
Transactions as of
10 Mar 2024
Net transactions value
-$896,141
Form type
4
Filing time
12 Mar 2024, 21:43:40 UTC
Previous filing
24 Nov 2023
Next filing
12 Mar 2025
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 +5,789 +1.7% $0.000000 337,203 10 Mar 2024 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 -912 -0.27% $0.000000 336,291 10 Mar 2024 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $133,937 -2,490 -0.74% $53.79 333,801 10 Mar 2024 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +5,856 +1.8% $0.000000 339,657 10 Mar 2024 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 -1,009 -0.3% $0.000000 338,648 10 Mar 2024 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $133,130 -2,475 -0.73% $53.79 336,173 10 Mar 2024 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +35,139 +10% $0.000000 371,312 10 Mar 2024 Direct F5
transaction BMY Common Stock, $0.10 par value Other $0 -12,232 -3.3% $0.000000 359,080 10 Mar 2024 Direct F6
transaction BMY Common Stock, $0.10 par value Tax liability $629,074 -11,695 -3.3% $53.79 347,385 10 Mar 2024 Direct F3
holding BMY Common Stock, $0.10 par value 7,285 10 Mar 2024 BMS Savings and Investment Program F7
holding BMY Common Stock, $0.10 par value 93,436 10 Mar 2024 Trust (SLAT) F8

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 -5,789 -100% $0.000000* 0 10 Mar 2024 Common Stock, $0.10 par value 5,789 Direct F1, F9
transaction BMY Market Share Units Options Exercise $0 -5,856 -50% $0.000000 5,858 10 Mar 2024 Common Stock, $0.10 par value 5,856 Direct F4, F9
transaction BMY Market Share Units Other $0 -5,349 -33% $0.000000 10,700 10 Mar 2024 Common Stock, $0.10 par value 5,349 Direct F10, F11, F12
transaction BMY Market Share Units Other $0 -5,415 -25% $0.000000 16,248 10 Mar 2024 Common Stock, $0.10 par value 5,415 Direct F10, F12, F13
transaction BMY Market Share Units Award $0 +28,638 $0.000000 28,638 10 Mar 2024 Common Stock, $0.10 par value 28,638 Direct F10, F12
transaction BMY Performance Shares Options Exercise $0 -35,139 -100% $0.000000* 0 10 Mar 2024 Common Stock, $0.10 par value 35,139 Direct F14
transaction BMY Performance Shares Award $0 +42,957 $0.000000 42,957 10 Mar 2024 Common Stock, $0.10 par value 42,957 Direct F15
* 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 Represents a downward adjustment to the number of shares acquired 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 2021-2023 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 Shares held in a Spousal Lifetime Access Trust (SLAT).
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 60% and the maximum payout factor is 200%.
F10 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%.
F11 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.
F12 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.
F13 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.
F14 Each performance share converts into one share of common stock upon distribution in the first quarter of 2024, subject to a Total Shareholder Return.
F15 Each performance share converts into one share of common stock upon distribution in the first quarter of 2027.