SEC Form 4 · accession 0000014272-16-000363
BRISTOL MYERS SQUIBB CO · BMY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul von Autenried
Officer — SVP, Enterp. Services & CIO
Period of report
Mar 10, 2016
Accepted (ET)
Mar 14, 2016 · 9:42 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 valueF1 | Mar 10, 2016 | M | 2,739 | $0.00 | A | 63,307 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2016 | J | 1,885 | $0.00 | A | 65,192 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2016 | F | 2,187 | $64.94 | D | 63,005 | D | |
| Common Stock, $0.10 par valueF4 | Mar 10, 2016 | M | 2,472 | $0.00 | A | 65,477 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2016 | J | 350 | $0.00 | A | 65,827 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2016 | F | 1,464 | $64.94 | D | 64,363 | D | |
| Common Stock, $0.10 par valueF5 | Mar 10, 2016 | M | 2,053 | $0.00 | A | 66,416 | D | |
| Common Stock, $0.10 par valueF6 | Mar 10, 2016 | J | 32 | $0.00 | D | 66,384 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2016 | F | 1,048 | $64.94 | D | 65,336 | D | |
| Common Stock, $0.10 par valueF7 | Mar 10, 2016 | M | 24,142 | $0.00 | A | 89,478 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2016 | F | 12,519 | $64.94 | D | 76,959 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Share UnitsF8,F1 | — | Mar 10, 2016 | M | 2,739 | D | — | Mar 10, 2017 | Common Stock, $0.10 par value | 2,739 | 2,740 | D |
| Market Share UnitsF8,F4 | — | Mar 10, 2016 | M | 2,472 | D | — | Mar 10, 2018 | Common Stock, $0.10 par value | 2,472 | 4,944 | D |
| Market Share UnitsF8,F5 | — | Mar 10, 2016 | M | 2,053 | D | — | Mar 10, 2019 | Common Stock, $0.10 par value | 2,053 | 6,159 | D |
| Market Share UnitsF8,F9 | — | Mar 10, 2016 | A | 8,012 | A | — | Mar 10, 2020 | Common Stock, $0.10 par value | 8,012 | 8,012 | D |
| Performance SharesF10 | — | Mar 10, 2016 | A | 12,018 | A | — | Mar 10, 2019 | Common Stock, $0.10 par value | 12,018 | 12,018 | D |
| Performance SharesF12,F11 | — | Mar 10, 2016 | A | 9,177 | A | — | Mar 10, 2016 | Common Stock, $0.10 par value | 9,177 | 23,589 | D |
| Performance SharesF14,F13 | — | Mar 10, 2016 | J | 553 | A | — | Mar 10, 2016 | Common Stock, $0.10 par value | 553 | 24,142 | D |
| Performance SharesF7,F11 | — | Mar 10, 2016 | M | 24,142 | D | — | Mar 10, 2016 | Common Stock, $0.10 par value | 24,142 | 0 | D |
Explanation of responses
- F1Represents vesting of one-quarter of market share units granted on March 10, 2013.
- F10Each performance share converts into one share of common stock upon distribution in the first quarter of 2019.
- F11Each performance share converts into one share of common stock upon distribution in the first quarter of 2016.
- F12Represents performance shares earned under the 2013-2015 Long-Term Performance Award.
- F13Each dividend equivalent converts into one share of common stock upon distribution in the first quarter of 2016.
- F14Represents dividend equivalents earned under the 2013-2015 Long-Term Performance Award.
- F2Adjustment reflects additional shares acquired upon the vesting of market share units due to the performance factor.
- F3Shares withheld for payment of taxes upon vesting of awards.
- F4Represents vesting of one-quarter of market share units granted on March 10, 2014.
- F5Represents vesting of one-quarter of market share units granted on March 10, 2015.
- F6Represents a downward adjustment to the number of shares acquired upon the vesting of market share units due to the performance factor.
- F7Represents distribution of performance shares earned under the 2013-2015 Long-Term Performance Award.
- F8Each 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%.
- F9Twenty-five percent of the market share unit award will vest on each of the first, second, third and fourth anniversaries of the grant date.