SEC Form 4 · accession 0000014272-19-000076
BRISTOL MYERS SQUIBB CO · BMY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul von Autenried
Officer — SVP, Enterp. Services & CIO
Period of report
Mar 10, 2019
Accepted (ET)
Mar 13, 2019 · 7:38 am 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, 2019 | M | 2,053 | $0.00 | A | 127,317 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2019 | J | 409 | $0.00 | D | 126,908 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2019 | F | 657 | $51.39 | D | 126,251 | D | |
| Common Stock, $0.10 par valueF4 | Mar 10, 2019 | M | 2,003 | $0.00 | A | 128,254 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2019 | J | 423 | $0.00 | D | 127,831 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2019 | F | 632 | $51.39 | D | 127,199 | D | |
| Common Stock, $0.10 par valueF5 | Mar 10, 2019 | M | 2,053 | $0.00 | A | 129,252 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2019 | J | 221 | $0.00 | D | 129,031 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2019 | F | 732 | $51.39 | D | 128,299 | D | |
| Common Stock, $0.10 par valueF6 | Mar 10, 2019 | M | 1,917 | $0.00 | A | 130,216 | D | |
| Common Stock, $0.10 par valueF2 | Mar 10, 2019 | J | 453 | $0.00 | D | 129,763 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2019 | F | 585 | $51.39 | D | 129,178 | D | |
| Common Stock, $0.10 par valueF7 | Mar 10, 2019 | M | 11,899 | $0.00 | A | 141,077 | D | |
| Common Stock, $0.10 par valueF3 | Mar 10, 2019 | F | 6,350 | $51.39 | D | 134,727 | 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 UnitsF8,F1 | — | Mar 10, 2019 | M | 2,053 | D | — | Mar 10, 2019 | Common Stock, $0.10 par value | 2,053 | 0 | D |
| Market Share UnitsF8,F4 | — | Mar 10, 2019 | M | 2,003 | D | — | Mar 10, 2020 | Common Stock, $0.10 par value | 2,003 | 2,003 | D |
| Market Share UnitsF8,F5 | — | Mar 10, 2019 | M | 2,053 | D | — | Mar 10, 2021 | Common Stock, $0.10 par value | 2,053 | 4,108 | D |
| Market Share UnitsF8,F6 | — | Mar 10, 2019 | M | 1,917 | D | — | Mar 10, 2022 | Common Stock, $0.10 par value | 1,917 | 5,751 | D |
| Market Share UnitsF8,F9 | — | Mar 10, 2019 | A | 10,050 | A | — | Mar 10, 2023 | Common Stock, $0.10 par value | 10,050 | 10,050 | D |
| Performance SharesF7,F10 | — | Mar 10, 2019 | M | 11,899 | D | — | Mar 10, 2019 | Common Stock, $0.10 par value | 11,899 | 0 | D |
| Performance SharesF11 | — | Mar 10, 2019 | A | 15,075 | A | — | Mar 10, 2022 | Common Stock, $0.10 par value | 15,075 | 15,075 | D |
Explanation of responses
- F1Represents vesting of one-quarter of market share units granted on March 10, 2015.
- F10Each performance share converts into one share of common stock upon distribution in the first quarter of 2019, subject to a Total Shareholder Return modifier.
- F11Each performance share converts into one share of common stock upon distribution in the first quarter of 2022.
- F2Represents a downward adjustment to the number of 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, 2016.
- F5Represents vesting of one-quarter of market share units granted on March 10, 2017.
- F6Represents vesting of one-quarter of market share units granted on March 10, 2018.
- F7Amount represents distribution of performance shares earned under the 2016-2018 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.
- F8Each 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%.
- F9Twenty-five percent of these market share units will vest on each of the first, second, third, and fourth anniversaries of the grant date.