Sandra Leung - Mar 10, 2023 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
Stock symbol
BMY
Transactions as of
Mar 10, 2023
Transactions value $
-$2,240,974
Form type
4
Date filed
3/14/2023, 08:28 PM
Previous filing
Jun 7, 2022
Next filing
Nov 24, 2023

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 +6.27K +2.03% $0.00 315K Mar 10, 2023 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 +2.29K +0.73% $0.00 317K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$287K -4.38K -1.38% $65.71 313K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +5.79K +1.85% $0.00 319K Mar 10, 2023 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 +1.07K +0.34% $0.00 320K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$230K -3.51K -1.1% $65.71 316K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +5.86K +1.85% $0.00 322K Mar 10, 2023 Direct F5
transaction BMY Common Stock, $0.10 par value Other $0 +961 +0.3% $0.00 323K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$229K -3.49K -1.08% $65.71 319K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +5.35K +1.67% $0.00 325K Mar 10, 2023 Direct F6
transaction BMY Common Stock, $0.10 par value Other $0 +173 +0.05% $0.00 325K Mar 10, 2023 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability -$185K -2.82K -0.87% $65.71 322K Mar 10, 2023 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +34.7K +10.78% $0.00 357K Mar 10, 2023 Direct F7
transaction BMY Common Stock, $0.10 par value Other $0 +4.24K +1.19% $0.00 361K Mar 10, 2023 Direct F8
transaction BMY Common Stock, $0.10 par value Tax liability -$1.31M -19.9K -5.51% $65.71 341K Mar 10, 2023 Direct F3
holding BMY Common Stock, $0.10 par value 7K Mar 10, 2023 BMS Savings and Investment Program F9
holding BMY Common Stock, $0.10 par value 83.6K Mar 10, 2023 Trust F10

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 -6.27K -100% $0.00* 0 Mar 10, 2023 Common Stock, $0.10 par value 6.27K Direct F1, F11
transaction BMY Market Share Units Options Exercise $0 -5.79K -49.99% $0.00 5.79K Mar 10, 2023 Common Stock, $0.10 par value 5.79K Direct F4, F11
transaction BMY Market Share Units Options Exercise $0 -5.86K -33.33% $0.00 11.7K Mar 10, 2023 Common Stock, $0.10 par value 5.86K Direct F5, F11
transaction BMY Market Share Units Options Exercise $0 -5.35K -25% $0.00 16K Mar 10, 2023 Common Stock, $0.10 par value 5.35K Direct F6, F12
transaction BMY Market Share Units Award $0 +21.7K $0.00 21.7K Mar 10, 2023 Common Stock, $0.10 par value 21.7K Direct F12, F13
transaction BMY Performance Shares Options Exercise $0 -34.7K -100% $0.00* 0 Mar 10, 2023 Common Stock, $0.10 par value 34.7K Direct F14
transaction BMY Performance Shares Award $0 +32.5K $0.00 32.5K Mar 10, 2023 Common Stock, $0.10 par value 32.5K 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, 2019.
F2 Adjustment reflects additional shares acquired upon the vesting of market share units due to the performance factor.
F3 Shares withheld for payment of taxes upon vesting of award.
F4 Represents vesting of one-quarter of market share units granted on March 10, 2020.
F5 Represents vesting of one-quarter of market share units granted on March 10, 2021.
F6 Represents vesting of one-quarter of market share units granted on March 10, 2022.
F7 Amount represents distribution of performance shares earned under the 2020-2022 Long-Term Performance Award.
F8 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.
F9 Based on recent 401(k) plan statement.
F10 Shares held in a Spousal Lifetime Access Trust (SLAT).
F11 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%.
F12 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%.
F13 Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.
F14 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2023, subject to a Total Shareholder Return.
F15 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2026.