Phil M. Holzer - Feb 15, 2024 Form 3 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
SVP and Controller
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Phil M. Holzer
Stock symbol
BMY
Transactions as of
Feb 15, 2024
Transactions value $
$0
Form type
3
Date filed
2/23/2024, 06:03 PM
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BMY Common Stock, $0.10 par value 10K Feb 15, 2024 Direct

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
holding BMY Market Share Units Feb 15, 2024 Common Stock, $0.10 par value 613 Direct F1, F2
holding BMY Market Share Units Feb 15, 2024 Common Stock, $0.10 par value 1.4K Direct F2, F3
holding BMY Market Share Units Feb 15, 2024 Common Stock, $0.10 par value 2.43K Direct F4, F5
holding BMY Market Share Units Feb 15, 2024 Common Stock, $0.10 par value 3.08K Direct F5, F6
holding BMY Performance Shares Feb 15, 2024 Common Stock, $0.10 par value 4.21K Direct F7
holding BMY Performance Shares Feb 15, 2024 Common Stock, $0.10 par value 4.86K Direct F8
holding BMY Performance Shares Feb 15, 2024 Common Stock, $0.10 par value 4.61K Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These market share units will vest on March 10, 2024.
F2 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%.
F3 One-half of these market share units will vest on each of March 10, 2024 and March 10, 2025.
F4 One-third of these market share units will vest on each of March 10, 2024, March 10, 2025, and March 10, 2026.
F5 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%.
F6 Twenty-five percent of these market share units will vest on each of the first, second, third, and fourth anniversaries of the grant date, starting on March 10, 2024.
F7 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2024.
F8 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2025.
F9 Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2026.

Remarks:

EXHIBIT LIST: EX-24 Exhibit 24 - Phil M. Holzer, GRAPHIC Exhibit 24 - Phil M. Holzer