David Hickey - 11 Aug 2023 Form 4 Insider Report for BECTON DICKINSON & CO (BDX)

Signature
Donna Kalazdy, by power of attorney for David Hickey
Issuer symbol
BDX
Transactions as of
11 Aug 2023
Net transactions value
-$827,641
Form type
4
Filing time
14 Aug 2023, 16:40:39 UTC
Previous filing
29 Nov 2022
Next filing
28 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDX Common Stock Options Exercise $514,653 +3,883 +75% $132.54 9,030 11 Aug 2023 Direct
transaction BDX Common Stock Disposed to Issuer $515,967 -1,857 -21% $277.85 7,173 11 Aug 2023 Direct
transaction BDX Common Stock Sale $826,326 -2,974 -41% $277.85 4,199 11 Aug 2023 Direct F1

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 BDX Stock Appreciation Rights Options Exercise $0 -3,883 -100% $0.000000* 0 11 Aug 2023 Common Stock 3,883 $132.54 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale price reflects the weighted average sale price for multiple transactions. The actual sales prices for the transactions ranged from $277.41 to $280.00. Full information regarding the number of shares purchased at each separate price will be provided to the Securities and Exchange Commission, the issuer or a security holder upon request.
F2 Award terms reflect adjustments made in connection with the spin-off of Embecta Corp.
F3 The stock appreciation rights vest in four annual installments beginning November 25, 2015.