SEC Form 4 · accession 0000014272-17-000083
BRISTOL MYERS SQUIBB CO · BMY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anne Nielsen
Officer — Chief Compliance & Ethics Off
Period of report
Mar 10, 2017
Accepted (ET)
Mar 14, 2017 · 8:30 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 | 689 | $0.00 | A | 29,562 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2017 | J | 338 | $0.00 | A | 29,900 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 389 | $58.32 | D | 29,511 | D | |
| Common Stock, $0.10 par valueF4 | Mar 10, 2017 | M | 1,100 | $0.00 | A | 30,611 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2017 | J | 8 | $0.00 | A | 30,619 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 420 | $58.32 | D | 30,199 | D | |
| Common Stock, $0.10 par valueF5 | Mar 10, 2017 | M | 948 | $0.00 | A | 31,147 | D | |
| Common Stock, $0.10 par valueF6 | Mar 10, 2017 | J | 124 | $0.00 | D | 31,023 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 312 | $58.32 | D | 30,711 | D | |
| Common Stock, $0.10 par valueF7 | Mar 10, 2017 | M | 971 | $0.00 | A | 31,682 | D | |
| Common Stock, $0.10 par valueF6 | Mar 10, 2017 | J | 140 | $0.00 | D | 31,542 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 315 | $58.32 | D | 31,227 | D | |
| Common Stock, $0.10 par valueF8 | Mar 10, 2017 | M | 9,988 | $0.00 | A | 41,215 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2017 | F | 3,998 | $58.32 | D | 37,217 | 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 | 689 | D | — | Mar 10, 2017 | Common Stock, $0.10 par value | 689 | 0 | D |
| Market Share UnitsF9,F4 | — | Mar 10, 2017 | M | 1,100 | D | — | Mar 10, 2018 | Common Stock, $0.10 par value | 1,100 | 1,100 | D |
| Market Share UnitsF9,F5 | — | Mar 10, 2017 | M | 948 | D | — | Mar 10, 2019 | Common Stock, $0.10 par value | 948 | 1,898 | D |
| Market Share UnitsF9,F7 | — | Mar 10, 2017 | M | 971 | D | — | Mar 10, 2020 | Common Stock, $0.10 par value | 971 | 2,916 | D |
| Market Share UnitsF9,F10 | — | Mar 10, 2017 | A | 4,347 | A | — | Mar 10, 2021 | Common Stock, $0.10 par value | 4,347 | 4,347 | D |
| Performance SharesF8,F11 | — | Mar 10, 2017 | M | 9,988 | D | — | Mar 10, 2017 | Common Stock, $0.10 par value | 9,988 | 0 | D |
| Performance SharesF12 | — | Mar 10, 2017 | A | 6,521 | A | — | Mar 10, 2020 | Common Stock, $0.10 par value | 6,521 | 6,521 | 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%.