Huet Jean-Marc 4
4 · BRISTOL MYERS SQUIBB CO · Filed Mar 5, 2009
Insider Transaction Report
Form 4
Huet Jean-Marc
EVP & CFO
Transactions
- Award
Executive Option (right to buy)
2009-03-03+295,497→ 295,497 totalExercise: $17.51Exp: 2019-03-02→ Common Stock, $0.10 par value (295,497 underlying) - Award
Restricted Stock Units
2009-03-03+24,877→ 24,877 totalExercise: $0.00→ Common Stock, $0.10 par value (24,877 underlying)
Footnotes (3)
- [F1]Option is not exercisable until the closing share price of common stock achieves a price of at least 15% above the option grant price and remains at that price for seven consecutive trading days. Option vests 25% of the shares annually, on a cumulative basis, commencing one year after the date of grant, but may not be exercised until the threshold is satisfied.
- [F2]Each restricted stock unit converts into one share of common stock upon vesting.
- [F3]One-third of the restricted stock units will vest on each of the third, fourth and fifth anniversaries of the grant date and be converted into shares of common stock.