SEC Form 4 · accession 0000014272-15-000156
BRISTOL MYERS SQUIBB CO · BMY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis M Cuss
Officer — EVP & CSO
Period of report
Mar 16, 2015
Accepted (ET)
Mar 17, 2015 · 5:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000014272
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.10 par value | Mar 16, 2015 | M | 75,000 | $24.74 | A | 341,689 | D | |
| Common Stock, $0.10 par value | Mar 16, 2015 | M | 39,010 | $27.01 | A | 380,699 | D | |
| Common Stock, $0.10 par valueF1 | Mar 16, 2015 | S | 114,666 | $67.81 | D | 266,033 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2 | $24.74 | Mar 16, 2015 | M | 75,000 | D | — | Nov 30, 2016 | Common Stock, $0.10 par value | 75,000 | 0 | D |
| Option (right to buy)F3 | $27.01 | Mar 16, 2015 | M | 39,010 | D | — | Mar 5, 2017 | Common Stock, $0.10 par value | 39,010 | 0 | D |
Explanation of responses
- F1A portion of these shares were sold to cover exercise price and taxes in accordance with broker's procedure for sell-to-cover transactions. The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $67.70 to $67.95, inclusive. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- F2One-third of the stock option award vested on each of the third, fourth, and fifth anniversaries of the grant date, which was December 1, 2006.
- F3Twenty-five percent of the stock option award vested on each of the first, second, third, and fourth anniversaries of the grant date, which was March 6, 2007.