BECTON DICKINSON & CO — Director's Dealing 2015

May 21, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BECTON DICKINSON & CO (BDX)
CIK: 0000010795
Period of Report: 2015-05-20

Reporting Person: KOZY WILLIAM A (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-20	Common Stock	M	18455	$62.50	Acquired	92163	Direct
2015-05-20	Common Stock	D	8129	$142.00	Disposed	84034	Direct
2015-05-20	Common Stock	S	10326	$142.00	Disposed	73708	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-20	Stock Appreciation Rights	$62.50	M	18455	Disposed	2018-11-28	Common Stock (18455)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	44224	Indirect
Common Stock	12021	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 $141.45 through $142.02. 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 April 30, 2015.

F3: The stock appreciation rights vest in four annual installments beginning November 28, 2009.