Christopher Boerner - Nov 1, 2024 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
Chief Executive Officer, Director
Signature
/s/Lisa A. Atkins, attorney-in-fact for Christopher Boerner
Stock symbol
BMY
Transactions as of
Nov 1, 2024
Transactions value $
-$80,828
Form type
4
Date filed
11/5/2024, 05:42 PM
Previous filing
Mar 12, 2024

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 +2.96K +2.93% $0.00 104K Nov 1, 2024 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 -55 -0.05% $0.00 104K Nov 1, 2024 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$80.8K -1.49K -1.43% $54.32 103K Nov 1, 2024 Direct F3

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 -2.96K -25% $0.00 8.89K Nov 1, 2024 Common Stock, $0.10 par value 2.96K Direct F4, F5
* 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 November 1, 2023.
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 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%.
F5 Twenty-five percent of the market share unit award vest on each of the first, second, third and fourth anniversaries of the grant date.