Rupert Vessey - 10 Mar 2022 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
EVP, Research & Early Dev.
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Rupert Vessey
Issuer symbol
BMY
Transactions as of
10 Mar 2022
Net transactions value
-$598,743
Form type
4
Filing time
14 Mar 2022, 21:16:28 UTC
Previous filing
03 Mar 2022
Next filing
18 Mar 2022
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 +7,423 +11% $0.000000 76,707 10 Mar 2022 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 +981 +1.3% $0.000000 77,688 10 Mar 2022 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $294,138 -4,299 -5.5% $68.42 73,389 10 Mar 2022 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +7,824 +11% $0.000000 81,213 10 Mar 2022 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 +878 +1.1% $0.000000 82,091 10 Mar 2022 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $304,606 -4,452 -5.4% $68.42 77,639 10 Mar 2022 Direct F3
holding BMY Common Stock, $0.10 par value 632 10 Mar 2022 BMS Savings and Investment Program F5

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 -7,423 -33% $0.000000 14,848 10 Mar 2022 Common Stock, $0.10 par value 7,423 Direct F1, F6
transaction BMY Market Share Units Options Exercise $0 -7,824 -25% $0.000000 23,475 10 Mar 2022 Common Stock, $0.10 par value 7,824 Direct F4, F6
transaction BMY Market Share Units Award $0 +28,589 $0.000000 28,589 10 Mar 2022 Common Stock, $0.10 par value 28,589 Direct F6, F7
transaction BMY Performance Shares Award $0 +42,884 $0.000000 42,884 10 Mar 2022 Common Stock, $0.10 par value 42,884 Direct F8
* 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 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, 2021.
F5 Based on recent 401(k) plan statement.
F6 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%.
F7 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.
F8 Each performance share converts into one share of common stock upon distribution in the first quarter of 2025.