Home/Filings/4/0000014272-25-000071
4//SEC Filing

Meyers Gregory Scott 4

Accession 0000014272-25-000071

CIK 0000014272other

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 9:37 PM ET

Size

29.2 KB

Accession

0000014272-25-000071

Insider Transaction Report

Form 4
Period: 2025-03-10
Meyers Gregory Scott
EVP, Chief Digital & Tech Off.
Transactions
  • Tax Payment

    Common Stock, $0.10 par value

    2025-03-10$63.11/sh4,558$287,65516,102 total
  • Exercise/Conversion

    Performance Shares

    2025-03-1017,0210 total
    Exp: 2025-03-10Common Stock, $0.10 par value (17,021 underlying)
  • Exercise/Conversion

    Common Stock, $0.10 par value

    2025-03-10+2,8369,832 total
  • Other

    Common Stock, $0.10 par value

    2025-03-104959,337 total
  • Tax Payment

    Common Stock, $0.10 par value

    2025-03-10$63.11/sh994$62,7318,343 total
  • Other

    Common Stock, $0.10 par value

    2025-03-1056111,075 total
  • Tax Payment

    Common Stock, $0.10 par value

    2025-03-10$63.11/sh1,159$73,1449,916 total
  • Exercise/Conversion

    Market Share Units

    2025-03-103,2936,587 total
    Exp: 2027-03-10Common Stock, $0.10 par value (3,293 underlying)
  • Award

    Market Share Units

    2025-03-10+25,43925,439 total
    Exp: 2028-03-10Common Stock, $0.10 par value (25,439 underlying)
  • Exercise/Conversion

    Common Stock, $0.10 par value

    2025-03-10+3,29311,636 total
  • Exercise/Conversion

    Common Stock, $0.10 par value

    2025-03-10+17,02126,937 total
  • Other

    Common Stock, $0.10 par value

    2025-03-106,27720,660 total
  • Exercise/Conversion

    Market Share Units

    2025-03-102,8362,839 total
    Exp: 2026-03-10Common Stock, $0.10 par value (2,836 underlying)
  • Award

    Performance Shares

    2025-03-10+38,15938,159 total
    Exp: 2028-03-10Common Stock, $0.10 par value (38,159 underlying)
Footnotes (11)
  • [F1]Represents vesting of one-quarter of market share units granted on March 10, 2022.
  • [F10]Each performance share converted into one share of common stock upon distribution in the first quarter of 2025 in accordance with the terms of the award and certification of performance results by the Board.
  • [F11]Each performance share converts into one share of common stock upon distribution in the first quarter of 2028, subject to certification of performance results by the Board.
  • [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]Represents vesting of one-quarter of market share units granted on March 10, 2023.
  • [F5]Amount represents distribution of performance shares earned under the 2022-2024 Long-Term Performance Award.
  • [F6]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.
  • [F7]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%.
  • [F8]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 the greater of Total Return and relative total shareholder return (rTSR) Floor. Total Return is a ratio of the 10-day average closing stock price on the measurement date, plus the value of accumulated dividends, divided by the average stock price on the grant date (also a 10-day average). The minimum payout factor for Total Return performance that must be achieved to earn a payout is 80% and the maximum is 225%. The rTSR Floor feature provides a minimum level of payout if BMS stock price declines from the grant date but outperforms our peers based on their TSR percentile rank. A TSR percentile rank (i) below the 50th percentile yields a 0% payout, (ii) between the 50th and 74.99th percentiles yields a 50% payout, and (iii) at or above the 75th percentile yields a 100% payout.
  • [F9]These market share units cliff vest on the third anniversary of the grant date, subject to certification of performance results by the Board.

Issuer

BRISTOL MYERS SQUIBB CO

CIK 0000014272

Entity typeother

Related Parties

1
  • filerCIK 0001908769

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 9:37 PM ET
Size
29.2 KB