BECTON DICKINSON & CO — Director's Dealing 2015

Dec 8, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BECTON DICKINSON & CO (BDX)
CIK: 0000010795
Period of Report: 2015-12-08

Reporting Person: FORLENZA VINCENT A (Director, Chairman, CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-08	Common Stock	M	18073	$71.72	Acquired	190754	Direct
2015-12-08	Common Stock	D	8467	$153.10	Disposed	182287	Direct
2015-12-08	Common Stock	S	9606	$153.10	Disposed	172681	Direct
2015-12-08	Common Stock	M	18157	$84.33	Acquired	190838	Direct
2015-12-08	Common Stock	D	10001	$153.10	Disposed	180837	Direct
2015-12-08	Common Stock	S	8156	$153.10	Disposed	172681	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-08	Stock Appreciation Rights	$71.72	M	18073	Disposed	2016-11-21	Common Stock (18073)	Direct
2015-12-08	Stock Appreciation Rights	$84.33	M	18157	Disposed	2017-11-20	Common Stock (18157)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14328	Indirect
Common Stock	10125	Indirect

Footnotes

F1: The reported sale price reflects the weighted average sale price for multiple transactions. The actual sales prices for the transactions ranged from $152.46 through $153.65. Full information regarding the number of shares purchased at each separate price will be provided to the Securities and Exchange Commission, the issuer or a security holder of the issuer upon request.

F2: Represents shares of common stock held under the Becton, Dickinson and Company Savings Incentive Plan (the "SIP"). The information presented for the SIP is as of September 30, 2015.

F3: The stock appreciation rights vest in four annual installments beginning November 21, 2007.

F4: The stock appreciation rights vest in four annual installments beginning November 20, 2008.