BECTON DICKINSON & CO — Director's Dealing 2018

Feb 12, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BECTON DICKINSON & CO (BDX)
CIK: 0000010795
Period of Report: 2018-02-08

Reporting Person: RING TIMOTHY M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-08	Common Stock	M	113644	$63.66	Acquired	295753	Direct
2018-02-08	Common Stock	D	33155	$217.82	Disposed	262598	Direct
2018-02-08	Common Stock	S	80489	$217.82	Disposed	182109	Direct
2018-02-08	Common Stock	M	100339	$88.87	Acquired	282448	Direct
2018-02-08	Common Stock	D	40865	$217.82	Disposed	241583	Direct
2018-02-08	Common Stock	S	59474	$217.82	Disposed	182109	Direct
2018-02-08	Common Stock	M	93946	$110.04	Acquired	276055	Direct
2018-02-08	Common Stock	D	47376	$217.82	Disposed	228679	Direct
2018-02-08	Common Stock	S	46570	$217.82	Disposed	182109	Direct
2018-02-08	Common Stock	M	101064	$121.49	Acquired	283173	Direct
2018-02-08	Common Stock	D	56269	$217.82	Disposed	226904	Direct
2018-02-08	Common Stock	S	44795	$217.82	Disposed	182109	Direct
2018-02-08	Common Stock	M	78155	$143.07	Acquired	260264	Direct
2018-02-08	Common Stock	D	51243	$217.82	Disposed	209021	Direct
2018-02-08	Common Stock	S	26912	$217.82	Disposed	182109	Direct
2018-02-08	Common Stock	S	11421	$217.82	Disposed	170688	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-08	Stock Appreciation Rights	$63.66	M	113644	Disposed	2022-12-12	Common Stock (113644)	Direct
2018-02-08	Stock Appreciation Rights	$88.87	M	100339	Disposed	2023-12-11	Common Stock (100339)	Direct
2018-02-08	Stock Appreciation Rights	$110.04	M	93946	Disposed	2024-12-10	Common Stock (93946)	Direct
2018-02-08	Stock Appreciation Rights	$121.49	M	101064	Disposed	2025-12-09	Common Stock (101064)	Direct
2018-02-08	Stock Appreciation Rights	$143.07	M	78155	Disposed	2026-12-14	Common Stock (78155)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	407	Indirect
Common Stock	1988	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 $212.03 through $222.59. 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. These sales were made pursuant to a 10b5-1 plan.

F2: The reporting person disclaims beneficial ownership of the shares held by his children and this report should not be deemed an admission that the reporting person is the beneficial owner of his children's shares for purpose of Section 16 or for any other purpose.

F3: The stock appreciation rights are fully vested.