BRISTOL MYERS SQUIBB CO — Director's Dealing 2020

Mar 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRISTOL MYERS SQUIBB CO (BMY)
CIK: 0000014272
Period of Report: 2020-03-10

Reporting Person: Elkins David V (EVP, Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-10	Market Share Units	$	A	32102	Acquired	2024-03-10	Common Stock, $0.10 par value (32102.0)	Direct
2020-03-10	Performance Shares	$	A	48152	Acquired	2023-03-10	Common Stock, $0.10 par value (48152.0)	Direct

Footnotes

F1: 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%.

F2: Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.

F3: Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2023.