Lynch Thomas J. Jr. 4

4 · BRISTOL MYERS SQUIBB CO · Filed Mar 13, 2019

Form 4

Period: 2019-03-10

Director

Transactions

Other
Common Stock, $0.10 par value
2019-03-10−1,387→ 19,955.964 total
Exercise/Conversion
Market Share Units
2019-03-10−5,864→ 17,593 total
Exp: 2022-03-10→ Common Stock, $0.10 par value (5,864 underlying)
Award
Performance Shares
2019-03-10+44,865→ 44,865 total
Exp: 2022-03-10→ Common Stock, $0.10 par value (44,865 underlying)
Exercise/Conversion
Common Stock, $0.10 par value
2019-03-10+5,864→ 21,342.964 total
Tax Payment
Common Stock, $0.10 par value
2019-03-10$51.39/sh−2,383$122,462→ 17,572.964 total
Award
Market Share Units
2019-03-10+29,910→ 29,910 total
Exp: 2023-03-10→ Common Stock, $0.10 par value (29,910 underlying)

Footnotes (6)

[F1]Represents vesting of one-quarter of market share units granted on March 10, 2018.
[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 of awards.
[F4]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%.
[F5]Twenty-five percent of these market share units will vest on each of the first, second, third, and fourth anniversaries of the grant date
[F6]Each performance share converts into one share of common stock upon distribution in the first quarter of 2022.

Documents

1 file