Home/Filings/4/0000014272-23-000060
4//SEC Filing

Weese Michelle 4

Accession 0000014272-23-000060

CIK 0000014272other

Filed

Mar 13, 8:00 PM ET

Accepted

Mar 14, 8:14 PM ET

Size

14.7 KB

Accession

0000014272-23-000060

Insider Transaction Report

Form 4
Period: 2023-03-10
Weese Michelle
EVP, Corporate Affairs
Transactions
  • Other

    Common Stock, $0.10 par value

    2023-03-10+512,844 total
  • Award

    Market Share Units

    2023-03-10+6,4406,440 total
    Exp: 2027-03-10Common Stock, $0.10 par value (6,440 underlying)
  • Exercise/Conversion

    Common Stock, $0.10 par value

    2023-03-10+1,5902,793 total
  • Tax Payment

    Common Stock, $0.10 par value

    2023-03-10$65.71/sh594$39,0322,250 total
  • Exercise/Conversion

    Market Share Units

    2023-03-101,5904,773 total
    Exp: 2026-03-10Common Stock, $0.10 par value (1,590 underlying)
  • Award

    Performance Shares

    2023-03-10+9,6609,660 total
    Exp: 2026-03-10Common Stock, $0.10 par value (9,660 underlying)
Footnotes (6)
  • [F1]Represents vesting of one-quarter of market share units granted on March 10, 2022.
  • [F2]Adjustment reflects additional 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 80% and the maximum payout factor is 225%.
  • [F5]Twenty-five percent of the market share unit award 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 2026.

Issuer

BRISTOL MYERS SQUIBB CO

CIK 0000014272

Entity typeother

Related Parties

1
  • filerCIK 0001867715

Filing Metadata

Form type
4
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 8:14 PM ET
Size
14.7 KB