Giovanni Caforio - 10 Mar 2024 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role
Executive Chair of the Board, Director
Signature
/s/ Lisa A. Atkins, attorney-in-fact for Giovanni Caforio
Issuer symbol
BMY
Transactions as of
10 Mar 2024
Transactions value $
$-3,648,199
Form type
4
Filing time
12 Mar 2024, 17:42:02 UTC
Previous filing
12 Oct 2023
Next filing
13 May 2024
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 +23,409 +6.37% $0.000000 390,904 10 Mar 2024 Direct F1
transaction BMY Common Stock, $0.10 par value Other $0 -3,687 -0.94% $0.000000 387,217 10 Mar 2024 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $-542,634 -10,088 -2.61% $53.79 377,129 10 Mar 2024 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +23,817 +6.32% $0.000000 400,946 10 Mar 2024 Direct F4
transaction BMY Common Stock, $0.10 par value Other $0 -4,104 -1.02% $0.000000 396,842 10 Mar 2024 Direct F2
transaction BMY Common Stock, $0.10 par value Tax liability $-542,418 -10,084 -2.54% $53.79 386,758 10 Mar 2024 Direct F3
transaction BMY Common Stock, $0.10 par value Options Exercise $0 +142,904 +36.9% $0.000000 529,662 10 Mar 2024 Direct F5
transaction BMY Common Stock, $0.10 par value Other $0 -49,745 -9.39% $0.000000 479,917 10 Mar 2024 Direct F6
transaction BMY Common Stock, $0.10 par value Tax liability $-2,563,147 -47,651 -9.93% $53.79 432,266 10 Mar 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 -23,409 -100% $0.000000* 0 10 Mar 2024 Common Stock, $0.10 par value 23,409 Direct F1, F7
transaction BMY Market Share Units Options Exercise $0 -23,817 -50% $0.000000 23,818 10 Mar 2024 Common Stock, $0.10 par value 23,817 Direct F4, F7
transaction BMY Market Share Units Other $0 -22,214 -33.3% $0.000000 44,429 10 Mar 2024 Common Stock, $0.10 par value 22,214 Direct F8, F9, F10
transaction BMY Market Share Units Other $0 -23,419 -25% $0.000000 70,258 10 Mar 2024 Common Stock, $0.10 par value 23,419 Direct F8, F10, F11
transaction BMY Performance Shares Options Exercise $0 -142,904 -100% $0.000000* 0 10 Mar 2024 Common Stock, $0.10 par value 142,904 Direct F12
* 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 shares disposed upon the vesting of market share units due to the performance factor.
F3 Shares withheld for payment of taxes upon vesting of awards.
F4 Represents vesting of one-quarter of market share units granted on March 10, 2021.
F5 Amount represents distribution of performance shares earned under the 2020-2022 Long-Term Performance Award.
F6 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.
F7 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%.
F8 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%.
F9 Represents the cancellation of one-quarter of market share units granted on March 10, 2022 due to the 80% minimum payout factor not being achieved.
F10 Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.
F11 Represents the cancellation of one-quarter of market share units granted on March 10, 2023 due to the 80% minimum payout factor not being achieved.
F12 Each performance share converts into one share of common stock upon distribution in the first quarter of 2024, subject to a Total Shareholder Return.