Form 4 for BMY Bristol Myers Squibb
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-10 · accession 0000014272-24-000052 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-12 | 2024-03-10 | BMY | Caforio Giovanni | Executive COB of the Board, Dir | M - OptEx | $0.00 | +190.1K | 390.9K | +95% | $0 |
| DM | 2024-03-12 | 2024-03-10 | BMY | Caforio Giovanni | Executive COB of the Board, Dir | F - Tax | $53.79 | -67.8K | 386.8K | -15% | -$3.65M |
| DM | 2024-03-12 | 2024-03-10 | BMY | Caforio Giovanni | Executive COB of the Board, Dir | J - Other | $0.00 | -57.5K | 396.8K | -13% | $0 |
| DM | 2024-03-12 | 2024-03-10 | BMY | Caforio Giovanni | Executive COB of the Board, Dir | M - OptEx | $0.00 | -190.1K | 0 | -100% | $0 |
| DM | 2024-03-12 | 2024-03-10 | BMY | Caforio Giovanni | Executive COB of the Board, Dir | J - Other | $0.00 | -45.6K | 44.4K | -51% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $0.10 par value | 2024-03-10 | M | A | 23,817 | $0.00 | 400,946.33 | D | — | — | (F4) Represents vesting of one-quarter of market share units granted on March 10, 2021. |
| 2 | Common | Common Stock, $0.10 par value | 2024-03-10 | F | D | 47,651 | $53.79 | 432,266.33 | D | — | — | (F3) Shares withheld for payment of taxes upon vesting of awards. |
| 3 | Common | Common Stock, $0.10 par value | 2024-03-10 | J | D | 49,745 | $0.00 | 479,917.33 | D | — | — | (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. |
| 4 | Common | Common Stock, $0.10 par value | 2024-03-10 | M | A | 142,904 | $0.00 | 529,662.33 | D | — | — | (F5) Amount represents distribution of performance shares earned under the 2020-2022 Long-Term Performance Award. |
| 5 | Common | Common Stock, $0.10 par value | 2024-03-10 | M | A | 23,409 | $0.00 | 390,904.33 | D | — | — | (F1) Represents vesting of one-quarter of market share units granted on March 10, 2020. |
| 6 | Common | Common Stock, $0.10 par value | 2024-03-10 | J | D | 3,687 | $0.00 | 387,217.33 | D | — | — | (F2) Adjustment reflects shares disposed upon the vesting of market share units due to the performance factor. |
| 7 | Common | Common Stock, $0.10 par value | 2024-03-10 | F | D | 10,088 | $53.79 | 377,129.33 | D | — | — | (F3) Shares withheld for payment of taxes upon vesting of awards. |
| 8 | Common | Common Stock, $0.10 par value | 2024-03-10 | J | D | 4,104 | $0.00 | 396,842.33 | D | — | — | (F2) Adjustment reflects shares disposed upon the vesting of market share units due to the performance factor. |
| 9 | Common | Common Stock, $0.10 par value | 2024-03-10 | F | D | 10,084 | $53.79 | 386,758.33 | D | — | — | (F3) Shares withheld for payment of taxes upon vesting of awards. |
| 10 | Derivative | Market Share Units | 2024-03-10 | M | D | 23,409 | $0.00 | 0 | D | — · — to 2024-03-10 | 23,409 Common Stock, $0.10 par value | (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%. (F1) Represents vesting of one-quarter of market share units granted on March 10, 2020. |
| 11 | Derivative | Market Share Units | 2024-03-10 | M | D | 23,817 | $0.00 | 23,818 | D | — · — to 2025-03-10 | 23,817 Common Stock, $0.10 par value | (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%. (F4) Represents vesting of one-quarter of market share units granted on March 10, 2021. |
| 12 | Derivative | Performance Shares | 2024-03-10 | M | D | 142,904 | $0.00 | 0 | D | — · — to 2024-03-10 | 142,904 Common Stock, $0.10 par value | (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. |
| 13 | Derivative | Market Share Units | 2024-03-10 | J | D | 23,419 | $0.00 | 70,258 | D | — · — to 2027-03-10 | 23,419 Common Stock, $0.10 par value | (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. (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%. (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. |
| 14 | Derivative | Market Share Units | 2024-03-10 | J | D | 22,214 | $0.00 | 44,429 | D | — · — to 2026-03-10 | 22,214 Common Stock, $0.10 par value | (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. (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%. (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. |