Zito Robert T 4
4 · BRISTOL MYERS SQUIBB CO · Filed Mar 5, 2009
Insider Transaction Report
Form 4
Zito Robert T
SVP & Chief Comm Officer
Transactions
- Award
Executive Option (right to buy)
2009-03-03+72,860→ 72,860 totalExercise: $17.51Exp: 2019-03-02→ Common Stock, $0.10 par value (72,860 underlying) - Award
Restricted Stock Units
2009-03-03+6,168→ 6,168 totalExercise: $0.00→ Common Stock, $0.10 par value (6,168 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.