Form 4 for BMY Bristol Myers Squibb
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-10 · accession 0000014272-24-000054 · 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 | Elkins David V | EVP, CFO | F - Tax | $53.79 | -18.5K | 176.9K | -9% | -$996.3K |
| DM | 2024-03-12 | 2024-03-10 | BMY | Elkins David V | EVP, CFO | J - Other | $0.00 | -19.4K | 175.4K | -10% | $0 |
| DM | 2024-03-12 | 2024-03-10 | BMY | Elkins David V | EVP, CFO | M - OptEx | $0.00 | +64.3K | 181.1K | +55% | $0 |
| DM | 2024-03-12 | 2024-03-10 | BMY | Elkins David V | EVP, CFO | A - Grant | $0.00 | +104.5K | 41.8K | New | $0 |
| DM | 2024-03-12 | 2024-03-10 | BMY | Elkins David V | EVP, CFO | J - Other | $0.00 | -15.6K | 15.3K | -50% | $0 |
| DM | 2024-03-12 | 2024-03-10 | BMY | Elkins David V | EVP, CFO | M - OptEx | $0.00 | -64.3K | 0 | -100% | $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 | F | D | 2,353 | $53.79 | 173,022 | D | — | — | (F3) Shares withheld for payment of taxes upon vesting of awards. |
| 2 | Common | Common Stock, $0.10 par value | 2024-03-10 | F | D | 13,345 | $53.79 | 194,968 | 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 | 1,386 | $0.00 | 179,678 | D | — | — | (F2) Adjustment reflects shares disposed upon the vesting of market share units due to the performance factor. |
| 4 | Common | Common Stock, $0.10 par value | 2024-03-10 | F | D | 2,824 | $53.79 | 176,854 | D | — | — | (F3) Shares withheld for payment of taxes upon vesting of awards. |
| 5 | Common | Common Stock, $0.10 par value | 2024-03-10 | M | A | 48,257 | $0.00 | 225,111 | D | — | — | (F5) Amount represents distribution of performance shares earned under the 2020-2022 Long-Term Performance Award. |
| 6 | Common | Common Stock, $0.10 par value | 2024-03-10 | J | D | 16,798 | $0.00 | 208,313 | 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. |
| 7 | Common | Common Stock, $0.10 par value | 2024-03-10 | J | D | 1,264 | $0.00 | 175,375 | D | — | — | (F2) Adjustment reflects shares disposed upon the vesting of market share units due to the performance factor. |
| 8 | Common | Common Stock, $0.10 par value | 2024-03-10 | M | A | 8,027 | $0.00 | 176,639 | D | — | — | (F1) Represents vesting of one-quarter of market share units granted on March 10, 2020. |
| 9 | Common | Common Stock, $0.10 par value | 2024-03-10 | M | A | 8,042 | $0.00 | 181,064 | D | — | — | (F4) Represents vesting of one-quarter of market share units granted on March 10, 2021. |
| 10 | Derivative | Performance Shares | 2024-03-10 | A | A | 62,693 | $0.00 | 62,693 | D | — · — to 2027-03-10 | 62,693 Common Stock, $0.10 par value | (F14) Each performance share converts into one share of common stock upon distribution in the first quarter of 2027. |
| 11 | Derivative | Market Share Units | 2024-03-10 | A | A | 41,796 | $0.00 | 41,796 | D | — · — to 2028-03-10 | 41,796 Common Stock, $0.10 par value | (F9) 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%. (F11) 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. |
| 12 | Derivative | Market Share Units | 2024-03-10 | J | D | 7,904 | $0.00 | 23,712 | D | — · — to 2027-03-10 | 7,904 Common Stock, $0.10 par value | (F12) 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. (F9) 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%. (F11) 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. |
| 13 | Derivative | Market Share Units | 2024-03-10 | J | D | 7,652 | $0.00 | 15,306 | D | — · — to 2026-03-10 | 7,652 Common Stock, $0.10 par value | (F10) 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. (F9) 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%. (F11) 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. |
| 14 | Derivative | Market Share Units | 2024-03-10 | M | D | 8,042 | $0.00 | 8,045 | D | — · — to 2025-03-10 | 8,042 Common Stock, $0.10 par value | (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 60% and the maximum payout factor is 200%. (F4) Represents vesting of one-quarter of market share units granted on March 10, 2021. |
| 15 | Derivative | Market Share Units | 2024-03-10 | M | D | 8,027 | $0.00 | 0 | D | — · — to 2024-03-10 | 8,027 Common Stock, $0.10 par value | (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 60% and the maximum payout factor is 200%. (F1) Represents vesting of one-quarter of market share units granted on March 10, 2020. |
| 16 | Derivative | Performance Shares | 2024-03-10 | M | D | 48,257 | $0.00 | 0 | D | — · — to 2024-03-10 | 48,257 Common Stock, $0.10 par value | (F13) Each performance share converts into one share of common stock upon distribution in the first quarter of 2024, subject to a Total Shareholder Return. |