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BRISTOL MYERS SQUIBB CO — Director's Dealing 2022
Mar 15, 2022
29889_dirs_2022-03-14_f7a493a4-7492-4aa8-ace4-2d59a5bd6263.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BRISTOL MYERS SQUIBB CO (BMY)
CIK: 0000014272
Period of Report: 2022-03-10
Reporting Person: Meyers Gregory Scott (EVP, Chief Digital & Tech Off.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-10 | Market Share Units | $ | A | 11347 | Acquired | 2026-03-10 | Common Stock, $0.10 par value (11347.0) | Direct |
| 2022-03-10 | Performance Shares | $ | A | 17021 | Acquired | 2025-03-10 | Common Stock, $0.10 par value (17021.0) | 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 2025.