SEC Form 4 · accession 0000014272-17-000079
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, 2017
Accepted (ET)
Mar 14, 2017 · 8:29 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, 2017 | M | 1,851 | $0.00 | A | 57,089 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2017 | J | 908 | $0.00 | A | 57,997 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 1,138 | $58.32 | D | 56,859 | D | |
| Common Stock, $0.10 par valueF4 | Mar 10, 2017 | M | 1,126 | $0.00 | A | 57,985 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2017 | J | 9 | $0.00 | A | 57,994 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 468 | $58.32 | D | 57,526 | D | |
| Common Stock, $0.10 par valueF5 | Mar 10, 2017 | M | 1,170 | $0.00 | A | 58,696 | D | |
| Common Stock, $0.10 par valueF6 | Mar 10, 2017 | J | 153 | $0.00 | D | 58,543 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 420 | $58.32 | D | 58,123 | D | |
| Common Stock, $0.10 par valueF7 | Mar 10, 2017 | M | 1,105 | $0.00 | A | 59,228 | D | |
| Common Stock, $0.10 par valueF6 | Mar 10, 2017 | J | 159 | $0.00 | D | 59,069 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 390 | $58.32 | D | 58,679 | D | |
| Common Stock, $0.10 par valueF8 | Mar 10, 2017 | M | 10,232 | $0.00 | A | 68,911 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 5,178 | $58.32 | D | 63,733 | D | |
| Common Stock, $0.10 par valueF9 | holding | — | — | — | 1,752 | 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 UnitsF10,F1 | — | Mar 10, 2017 | M | 1,851 | D | — | Mar 10, 2017 | Common Stock, $0.10 par value | 1,851 | 0 | D |
| Market Share UnitsF10,F4 | — | Mar 10, 2017 | M | 1,126 | D | — | Mar 10, 2018 | Common Stock, $0.10 par value | 1,126 | 1,127 | D |
| Market Share UnitsF10,F5 | — | Mar 10, 2017 | M | 1,170 | D | — | Mar 10, 2019 | Common Stock, $0.10 par value | 1,170 | 2,342 | D |
| Market Share UnitsF10,F7 | — | Mar 10, 2017 | M | 1,105 | D | — | Mar 10, 2020 | Common Stock, $0.10 par value | 1,105 | 3,316 | D |
| Market Share UnitsF10,F11 | — | Mar 10, 2017 | A | 5,151 | A | — | Mar 10, 2021 | Common Stock, $0.10 par value | 5,151 | 5,151 | D |
| Performance SharesF8,F12 | — | Mar 10, 2017 | M | 10,232 | D | — | Mar 10, 2017 | Common Stock, $0.10 par value | 10,232 | 0 | D |
| Performance SharesF13 | — | Mar 10, 2017 | A | 7,727 | A | — | Mar 10, 2020 | Common Stock, $0.10 par value | 7,727 | 7,727 | D |
Explanation of responses
- F1Represents vesting of one-quarter of market share units granted on March 10, 2013.
- F10Each 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%.
- F11Twenty-five percent of the market share unit award will vest on each of the first, second, third and fourth anniversaries of the grant date.
- F12Each performance share converts into one share of common stock upon distribution in the first quarter of 2017, subject to a Total Shareholder Return modifier.
- F13Each performance share converts into one share of common stock upon distribution in the first quarter of 2020.
- 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 vesting of one-quarter of market share units granted on March 10, 2016.
- F8Amount represents distribution of performance shares earned under the 2014-2016 Long-Term Performance Award based on the performance factor applied in accordance with the terms of the Award and certification of performance results by the Board.
- F9Based on a plan statement as of the end of the most recent fiscal quarter