SEC Form 4 · accession 0000014272-15-000214
BRISTOL MYERS SQUIBB CO · BMY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lamberto Andreotti
Director
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 4:57 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 | Aug 3, 2015 | M | 115,000 | $22.73 | A | 685,074 | D | |
| Common Stock, $0.10 par value | Aug 3, 2015 | M | 200,000 | $24.74 | A | 885,074 | D | |
| Common Stock, $0.10 par valueF1 | Aug 3, 2015 | S | 31,200 | $64.753 | D | 853,874 | D | |
| Common Stock, $0.10 par valueF2 | Aug 3, 2015 | S | 283,800 | $65.43 | D | 570,074 | 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)F3 | $22.73 | Aug 3, 2015 | M | 115,000 | D | — | Mar 6, 2016 | Common Stock, $0.10 par value | 115,000 | 0 | D |
| Option (right to buy)F4 | $24.74 | Aug 3, 2015 | M | 200,000 | D | — | Nov 30, 2016 | Common Stock, $0.10 par value | 200,000 | 100,000 | D |
| Deferred Share UnitsF6,F5 | — | Aug 3, 2015 | A | 1,211 | A | — | — | Common Stock, $0.10 par value | 1,211 | 1,211 | 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 $64.69 to $64.81, 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.
- F2A 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 $65.00 to $65.78, 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.
- 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 7, 2006.
- F4One-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.
- F5Each Deferred Share Unit will be converted into a share of common stock upon settlement. The Deferred Share Units become settleable when the reporting person ceases to be a director or at a future date previously specified by the reporting person.
- F6Represents pro rata portion of the 2015 annual Deferred Share Units awards granted to the Company's directors.