SEC Form 4 · accession 0000014272-16-000405
BRISTOL MYERS SQUIBB CO · BMY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lamberto Andreotti
Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 5:28 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 | May 2, 2016 | M | 100,000 | $24.74 | A | 536,794 | D | |
| Common Stock, $0.10 par value | May 2, 2016 | M | 134,720 | $27.01 | A | 671,514 | D | |
| Common Stock, $0.10 par valueF1 | May 2, 2016 | S | 100,000 | $71.886 | D | 571,514 | D | |
| Common Stock, $0.10 par valueF1 | May 2, 2016 | S | 134,720 | $71.869 | D | 436,794 | D | |
| Common Stock, $0.10 par value | holding | — | — | — | 100,000 | I | 2015 Trust |
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 | May 2, 2016 | M | 100,000 | D | — | Nov 30, 2016 | Common Stock, $0.10 par value | 100,000 | 0 | D |
| Option (right to buy)F3 | $27.01 | May 2, 2016 | M | 134,720 | D | — | Mar 5, 2017 | Common Stock, $0.10 par value | 134,720 | 100,000 | 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 $71.59 to $72.13, 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.