Greenlees Sharon 4
4 · BRISTOL MYERS SQUIBB CO · Filed May 4, 2022
Insider Transaction Report
Form 4
Greenlees Sharon
SVP & Controller
Transactions
- Award
Restricted Stock Units
2022-05-02+1,312→ 1,312 totalExp: 2026-05-02→ Common Stock, $0.10 par value (1,312 underlying) - Award
Market Share Units
2022-05-02+2,756→ 2,756 totalExp: 2026-05-02→ Common Stock, $0.10 par value (2,756 underlying) - Award
Performance Shares
2022-05-02+4,134→ 4,134 totalExp: 2025-05-02→ Common Stock, $0.10 par value (4,134 underlying)
Footnotes (5)
- [F1]Each restricted stock unit converts into one share of common stock upon vesting.
- [F2]The restricted stock units vest in four equal installments beginning on May 2, 2023.
- [F3]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%.
- [F4]Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.
- [F5]Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2025.