BRISTOL MYERS SQUIBB CO — Director's Dealing 2017

Mar 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRISTOL MYERS SQUIBB CO (BMY)
CIK: 0000014272
Period of Report: 2017-03-10

Reporting Person: Cuss Francis M (EVP & CSO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-10	Common Stock, $0.10 par value	M	2740	—	Acquired	292471.531	Direct
2017-03-10	Common Stock, $0.10 par value	J	1343	—	Acquired	293814.531	Direct
2017-03-10	Common Stock, $0.10 par value	F	2022	$58.32	Disposed	291792.531	Direct
2017-03-10	Common Stock, $0.10 par value	M	5279	—	Acquired	297071.531	Direct
2017-03-10	Common Stock, $0.10 par value	J	41	—	Acquired	297112.531	Direct
2017-03-10	Common Stock, $0.10 par value	F	2759	$58.32	Disposed	294353.531	Direct
2017-03-10	Common Stock, $0.10 par value	M	4982	—	Acquired	299335.531	Direct
2017-03-10	Common Stock, $0.10 par value	J	653	—	Disposed	298682.531	Direct
2017-03-10	Common Stock, $0.10 par value	F	2245	$58.32	Disposed	296437.531	Direct
2017-03-10	Common Stock, $0.10 par value	M	5772	—	Acquired	302209.531	Direct
2017-03-10	Common Stock, $0.10 par value	J	831	—	Disposed	301378.531	Direct
2017-03-10	Common Stock, $0.10 par value	F	2562	$58.32	Disposed	298816.531	Direct
2017-03-10	Common Stock, $0.10 par value	M	47953	—	Acquired	346769.531	Direct
2017-03-10	Common Stock, $0.10 par value	F	24864	$58.32	Disposed	321905.531	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-10	Market Share Units	$	M	2740	Disposed	2017-03-10	Common Stock, $0.10 par value (2740.0)	Direct
2017-03-10	Market Share Units	$	M	5279	Disposed	2018-03-10	Common Stock, $0.10 par value (5279.0)	Direct
2017-03-10	Market Share Units	$	M	4982	Disposed	2019-03-10	Common Stock, $0.10 par value (4982.0)	Direct
2017-03-10	Market Share Units	$	M	5772	Disposed	2020-03-10	Common Stock, $0.10 par value (5772.0)	Direct
2017-03-10	Performance Shares	$	M	47953	Disposed	2017-03-10	Common Stock, $0.10 par value (47953.0)	Direct

Footnotes

F1: Represents vesting of one-quarter of market share units granted on March 10, 2013.

F2: Adjustment reflects additional shares acquired upon the vesting of market share units due to the performance factor.

F3: Shares withheld for payment of taxes upon vesting of awards.

F4: Represents vesting of one-quarter of market share units granted on March 10, 2014.

F5: Represents vesting of one-quarter of market share units granted on March 10, 2015.

F6: Represents a downward adjustment to the number of shares acquired upon the vesting of market share units due to the performance factor.

F7: Represents vesting of one-quarter of market share units granted on March 10, 2016.

F8: Amount 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.

F9: Each 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%.

F10: Each performance share converts into one share of common stock upon distribution in the first quarter of 2017, subject to a Total Shareholder Return modifier.