SEC Form 4 · accession 0000014272-17-000080
BRISTOL MYERS SQUIBB CO · BMY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann Powell Judge
Officer — SVP, Global Human Resources
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 | 2,108 | $0.00 | A | 26,668 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2017 | J | 1,034 | $0.00 | A | 27,702 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 956 | $58.32 | D | 26,746 | D | |
| Common Stock, $0.10 par valueF4 | Mar 10, 2017 | M | 2,439 | $0.00 | A | 29,185 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2017 | J | 19 | $0.00 | A | 29,204 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 1,093 | $58.32 | D | 28,111 | D | |
| Common Stock, $0.10 par valueF5 | Mar 10, 2017 | M | 2,318 | $0.00 | A | 30,429 | D | |
| Common Stock, $0.10 par valueF6 | Mar 10, 2017 | J | 304 | $0.00 | D | 30,125 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 907 | $58.32 | D | 29,218 | D | |
| Common Stock, $0.10 par valueF7 | Mar 10, 2017 | M | 2,492 | $0.00 | A | 31,710 | D | |
| Common Stock, $0.10 par valueF6 | Mar 10, 2017 | J | 359 | $0.00 | D | 31,351 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 961 | $58.32 | D | 30,390 | D | |
| Common Stock, $0.10 par valueF8 | Mar 10, 2017 | M | 22,156 | $0.00 | A | 52,546 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 9,975 | $58.32 | D | 42,571 | 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, 2017 | M | 2,108 | D | — | Mar 10, 2017 | Common Stock, $0.10 par value | 2,108 | 0 | D |
| Market Share UnitsF9,F4 | — | Mar 10, 2017 | M | 2,439 | D | — | Mar 10, 2018 | Common Stock, $0.10 par value | 2,439 | 2,440 | D |
| Market Share UnitsF9,F5 | — | Mar 10, 2017 | M | 2,318 | D | — | Mar 10, 2019 | Common Stock, $0.10 par value | 2,318 | 4,636 | D |
| Market Share UnitsF9,F7 | — | Mar 10, 2017 | M | 2,492 | D | — | Mar 10, 2020 | Common Stock, $0.10 par value | 2,492 | 7,476 | D |
| Market Share UnitsF9,F10 | — | Mar 10, 2017 | A | 12,677 | A | — | Mar 10, 2021 | Common Stock, $0.10 par value | 12,677 | 12,677 | D |
| Performance SharesF8,F11 | — | Mar 10, 2017 | M | 22,156 | D | — | Mar 10, 2017 | Common Stock, $0.10 par value | 22,156 | 0 | D |
| Performance SharesF12 | — | Mar 10, 2017 | A | 19,016 | A | — | Mar 10, 2020 | Common Stock, $0.10 par value | 19,016 | 19,016 | 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 2017, subject to a Total Shareholder Return modifier.
- F12Each 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.
- 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%.