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: Dubow Adam (SVP,ChiefCompliance&EthicsOff.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-10	Common Stock, $0.10 par value	M	372	—	Acquired	16121.152	Direct
2020-03-10	Common Stock, $0.10 par value	J	6	—	Disposed	16115.152	Direct
2020-03-10	Common Stock, $0.10 par value	F	133	$57.93	Disposed	15982.152	Direct
2020-03-10	Common Stock, $0.10 par value	M	451	—	Acquired	16433.152	Direct
2020-03-10	Common Stock, $0.10 par value	J	51	—	Acquired	16484.152	Direct
2020-03-10	Common Stock, $0.10 par value	F	182	$57.93	Disposed	16302.152	Direct
2020-03-10	Common Stock, $0.10 par value	M	415	—	Acquired	16717.152	Direct
2020-03-10	Common Stock, $0.10 par value	J	20	—	Disposed	16697.152	Direct
2020-03-10	Common Stock, $0.10 par value	F	143	$57.93	Disposed	16554.152	Direct
2020-03-10	Common Stock, $0.10 par value	M	1062	—	Acquired	17616.152	Direct
2020-03-10	Common Stock, $0.10 par value	J	238	—	Acquired	17854.152	Direct
2020-03-10	Common Stock, $0.10 par value	F	470	$57.93	Disposed	17384.152	Direct
2020-03-10	Common Stock, $0.10 par value	M	2707	—	Acquired	20091.152	Direct
2020-03-10	Common Stock, $0.10 par value	J	272	—	Acquired	20363.152	Direct
2020-03-10	Common Stock, $0.10 par value	F	1077	$57.93	Disposed	19286.152	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-10	Market Share Units	$	M	372	Disposed	2020-03-10	Common Stock, $0.10 par value (372.0)	Direct
2020-03-10	Market Share Units	$	M	451	Disposed	2021-03-10	Common Stock, $0.10 par value (451.0)	Direct
2020-03-10	Market Share Units	$	M	415	Disposed	2022-03-10	Common Stock, $0.10 par value (415.0)	Direct
2020-03-10	Market Share Units	$	M	1062	Disposed	2023-03-10	Common Stock, $0.10 par value (1062.0)	Direct
2020-03-10	Market Share Units	$	A	3923	Acquired	2024-03-10	Common Stock, $0.10 par value (3923.0)	Direct
2020-03-10	Performance Shares	$	M	2707	Disposed	2020-03-10	Common Stock, $0.10 par value (2707.0)	Direct
2020-03-10	Performance Shares	$	A	5885	Acquired	2023-03-10	Common Stock, $0.10 par value (5885.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.10 par value	929.19	Indirect

Footnotes

F1: Represents vesting of one-quarter of market share units granted on March 10, 2016.

F2: Represents a downward adjustment to the number of shares acquired upon the vesting of market share units due to the performance factor.

F3: Shares withheld for payment of taxes upon vesting.

F4: Represents vesting of one-quarter of market share units granted on March 10, 2017.

F5: Adjustment reflects additional shares acquired upon the vesting of market share units due to the performance factor.

F6: Represents vesting of one-quarter of market share units granted on March 10, 2018.

F7: Represents vesting of one-quarter of market share units granted on March 10, 2019.

F8: Amount represents distribution of performance shares earned under the 2017-2019 Long-Term Performance Award.

F9: Adjustment to Award based on the performance factor applied in accordance with the terms of the Award and certification of performance results by the Board.

F10: Based on a plan statement as of the end of the most recent fiscal quarter.

F11: 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%.

F12: Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.

F13: Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2020, subject to a Total Shareholder Return.

F14: Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2023.