SEC Form 4 · accession 0000014272-16-000370
BRISTOL MYERS SQUIBB CO · BMY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph C Caldarella
Officer — SVP & Controller
Period of report
Mar 10, 2016
Accepted (ET)
Mar 14, 2016 · 9:44 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 | 1,851 | $0.00 | A | 50,387 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2016 | J | 1,274 | $0.00 | A | 51,661 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2016 | F | 1,289 | $64.94 | D | 50,372 | D | |
| Common Stock, $0.10 par valueF4 | Mar 10, 2016 | M | 1,127 | $0.00 | A | 51,499 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2016 | J | 159 | $0.00 | A | 51,658 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2016 | F | 614 | $64.94 | D | 51,044 | D | |
| Common Stock, $0.10 par valueF5 | Mar 10, 2016 | M | 1,170 | $0.00 | A | 52,214 | D | |
| Common Stock, $0.10 par valueF6 | Mar 10, 2016 | J | 18 | $0.00 | D | 52,196 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2016 | F | 644 | $64.94 | D | 51,552 | D | |
| Common Stock, $0.10 par valueF7 | Mar 10, 2016 | M | 16,312 | $0.00 | A | 67,864 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2016 | F | 9,107 | $64.94 | D | 58,757 | D | |
| Common Stock, $0.10 par valueF8 | holding | — | — | — | 1,707 | I | By BMY Savings and Investment Program |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Share UnitsF9,F1 | — | Mar 10, 2016 | M | 1,851 | D | — | Mar 10, 2017 | Common Stock, $0.10 par value | 1,851 | 1,851 | D |
| Market Share UnitsF9,F4 | — | Mar 10, 2016 | M | 1,127 | D | — | Mar 10, 2018 | Common Stock, $0.10 par value | 1,127 | 2,253 | D |
| Market Share UnitsF9,F5 | — | Mar 10, 2016 | M | 1,170 | D | — | Mar 10, 2019 | Common Stock, $0.10 par value | 1,170 | 3,512 | D |
| Market Share UnitsF9,F10 | — | Mar 10, 2016 | A | 4,421 | A | — | Mar 10, 2020 | Common Stock, $0.10 par value | 4,421 | 4,421 | D |
| Performance SharesF11 | — | Mar 10, 2016 | A | 6,632 | A | — | Mar 10, 2019 | Common Stock, $0.10 par value | 6,632 | 6,632 | D |
| Performance SharesF13,F12 | — | Mar 10, 2016 | A | 6,201 | A | — | Mar 31, 2016 | Common Stock, $0.10 par value | 6,201 | 15,938 | D |
| Performance SharesF15,F14 | — | Mar 10, 2016 | J | 374 | A | — | Mar 31, 2016 | Common Stock, $0.10 par value | 374 | 16,312 | D |
| Performance SharesF7,F12 | — | Mar 10, 2016 | M | 16,312 | D | — | Mar 31, 2016 | Common Stock, $0.10 par value | 16,312 | 0 | D |
Explanation of responses
- F1Represents vesting of one-quarter of market share units granted on March 10, 2013.
- F10Twenty-five percent of the market share unit award will vest on each of the first, second, third and fourth anniversaries of the grant date.
- F11Each performance share converts into one share of common stock upon distribution in the first quarter of 2019.
- F12Each performance share converts into one share of common stock upon distribution in the first quarter of 2016.
- F13Represents performance shares earned under the 2013-2015 Long-Term Performance Award.
- F14Each dividend equivalent converts into one share of common stock upon distribution in the first quarter of 2016.
- F15Represents 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.
- F8Based on a plan statement as of the end of the most recent fiscal quarter
- F9Each 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%.