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

Role
EVP, Chief Commercial Officer
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Adam Lenkowsky
Issuer symbol
BMY
Transactions as of
10 Mar 2024
Net transactions value
-$232,534
Form type
4
Filing time
12 Mar 2024, 21:54:57 UTC
Previous filing
06 Jun 2023
Next filing
03 May 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 +1,698 +323% $0.000000 2,224 10 Mar 2024 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 -267 -12% $0.000000 1,957 10 Mar 2024 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $27,863 -518 -26% $53.79 1,439 10 Mar 2024 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +1,902 +132% $0.000000 3,341 10 Mar 2024 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 -328 -9.8% $0.000000 3,013 10 Mar 2024 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $30,660 -570 -19% $53.79 2,443 10 Mar 2024 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +11,416 +467% $0.000000 13,859 10 Mar 2024 Direct F5
transaction BMY Common Stock, $0.10 par value Other $0 -3,974 -29% $0.000000 9,885 10 Mar 2024 Direct F6
transaction BMY Common Stock, $0.10 par value Tax liability $174,011 -3,235 -33% $53.79 6,650 10 Mar 2024 Direct F3
holding BMY Common Stock, $0.10 par value 4,293 10 Mar 2024 BMS Savings and Investment Program F7
holding BMY Common Stock, $0.10 par value 5,258 10 Mar 2024 By Spouse

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 -1,698 -100% $0.000000* 0 10 Mar 2024 Common Stock, $0.10 par value 1,698 Direct F1, F8
transaction BMY Market Share Units Options Exercise $0 -1,902 -50% $0.000000 1,904 10 Mar 2024 Common Stock, $0.10 par value 1,902 Direct F4, F8
transaction BMY Market Share Units Other $0 -1,825 -33% $0.000000 3,653 10 Mar 2024 Common Stock, $0.10 par value 1,825 Direct F9, F10, F11
transaction BMY Market Share Units Other $0 -2,000 -25% $0.000000 6,001 10 Mar 2024 Common Stock, $0.10 par value 2,000 Direct F9, F11, F12
transaction BMY Market Share Units Award $0 +20,898 $0.000000 20,898 10 Mar 2024 Common Stock, $0.10 par value 20,898 Direct F9, F11
transaction BMY Performance Shares Options Exercise $0 -11,416 -100% $0.000000* 0 10 Mar 2024 Common Stock, $0.10 par value 11,416 Direct F13
transaction BMY Performance Shares Award $0 +31,347 $0.000000 31,347 10 Mar 2024 Common Stock, $0.10 par value 31,347 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 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. Reflects the estimated number of shares rather than units as previously reported on Form 3 filed on May 3, 2023 and Form 4 filed on June 6, 2023.
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.