SEC Form 4/A · accession 0000014272-16-000375
BRISTOL MYERS SQUIBB CO · BMY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Charles A Bancroft
Officer — EVP & Chief Financial Officer
Period of report
Mar 10, 2016
Accepted (ET)
Mar 23, 2016 · 4:03 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 | 6,410 | $0.00 | A | 176,828 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2016 | J | 4,412 | $0.00 | A | 181,240 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2016 | F | 4,873 | $64.94 | D | 176,367 | D | |
| Common Stock, $0.10 par valueF4 | Mar 10, 2016 | M | 6,829 | $0.00 | A | 183,196 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2016 | J | 966 | $0.00 | A | 184,162 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2016 | F | 3,510 | $64.94 | D | 180,652 | D | |
| Common Stock, $0.10 par valueF5,F6 | Mar 10, 2016 | M | 5,889 | $0.00 | A | 186,541 | D | |
| Common Stock, $0.10 par valueF7,F6 | Mar 10, 2016 | J | 92 | $0.00 | D | 186,449 | D | |
| Common Stock, $0.10 par valueF3,F6 | Mar 10, 2016 | F | 2,610 | $64.94 | D | 183,839 | D | |
| Common Stock, $0.10 par valueF8,F6 | Mar 10, 2016 | M | 56,490 | $0.00 | A | 240,329 | D | |
| Common Stock, $0.10 par valueF3,F6 | Mar 10, 2016 | F | 25,434 | $64.94 | D | 214,895 | 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 UnitsF9,F1 | — | Mar 10, 2016 | M | 6,410 | D | — | Mar 10, 2017 | Common Stock, $0.10 par value | 6,410 | 6,410 | D |
| Market Share UnitsF9,F4 | — | Mar 10, 2016 | M | 6,829 | D | — | Mar 10, 2018 | Common Stock, $0.10 par value | 6,829 | 13,658 | D |
| Market Share UnitsF9,F5 | — | Mar 10, 2016 | M | 5,889 | D | — | Mar 10, 2019 | Common Stock, $0.10 par value | 5,889 | 17,668 | D |
| Market Share UnitsF9,F10 | — | Mar 10, 2016 | A | 24,687 | A | — | Mar 10, 2020 | Common Stock, $0.10 par value | 24,687 | 24,687 | D |
| Performance SharesF11 | — | Mar 10, 2016 | A | 37,030 | A | — | Mar 10, 2019 | Common Stock, $0.10 par value | 37,030 | 37,030 | D |
| Performance SharesF13,F12 | — | Mar 10, 2016 | A | 21,474 | A | — | Mar 31, 2016 | Common Stock, $0.10 par value | 21,474 | 55,195 | D |
| Performance SharesF15,F14 | — | Mar 10, 2016 | J | 1,295 | A | — | Mar 31, 2016 | Common Stock, $0.10 par value | 1,295 | 56,490 | D |
| Performance SharesF8,F12 | — | Mar 10, 2016 | M | 56,490 | D | — | Mar 31, 2016 | Common Stock, $0.10 par value | 56,490 | 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.
- F6Due to a software error, this Form 4 is being amended to report in Column 5 the correct number of securities beneficially owned following the reported transactions.
- F7Represents a downward adjustment to the number of shares acquired upon the vesting of market share units due to the performance factor.
- F8Represents distribution of performance shares earned under the 2013-2015 Long-Term Performance Award.
- 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%.