0000014272-23-000055.txt : 20230314
0000014272-23-000055.hdr.sgml : 20230314
20230314201302
ACCESSION NUMBER: 0000014272-23-000055
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230310
FILED AS OF DATE: 20230314
DATE AS OF CHANGE: 20230314
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Caforio Giovanni
CENTRAL INDEX KEY: 0001533201
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01136
FILM NUMBER: 23732927
MAIL ADDRESS:
STREET 1: BRISTOL-MYERS SQUIBB COMPANY
STREET 2: ROUTE 206 & PROVINCELINE ROAD
CITY: LAWRENCEVILLE
STATE: NJ
ZIP: 08543
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BRISTOL MYERS SQUIBB CO
CENTRAL INDEX KEY: 0000014272
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 220790350
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 430 E. 29TH STREET
STREET 2: 14 FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10016
BUSINESS PHONE: 2125464000
MAIL ADDRESS:
STREET 1: 430 E. 29TH STREET
STREET 2: 14 FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10016
FORMER COMPANY:
FORMER CONFORMED NAME: BRISTOL MYERS CO
DATE OF NAME CHANGE: 19891012
4
1
wf-form4_167883916612284.xml
FORM 4
X0306
4
2023-03-10
0
0000014272
BRISTOL MYERS SQUIBB CO
BMY
0001533201
Caforio Giovanni
BRISTOL-MYERS SQUIBB COMPANY
430 E. 29TH STREET, 14 FLOOR
NEW YORK
NY
10016
1
1
0
0
Board Chair and CEO
Common Stock, $0.10 par value
2023-03-10
4
M
0
24793
0
A
260897.333
D
Common Stock, $0.10 par value
2023-03-10
4
J
0
9042
0
A
269939.333
D
Common Stock, $0.10 par value
2023-03-10
4
F
0
17304
65.71
D
252635.333
D
Common Stock, $0.10 par value
2023-03-10
4
M
0
23407
0
A
276042.333
D
Common Stock, $0.10 par value
2023-03-10
4
J
0
4328
0
A
280370.333
D
Common Stock, $0.10 par value
2023-03-10
4
F
0
14184
65.71
D
266186.333
D
Common Stock, $0.10 par value
2023-03-10
4
M
0
23817
0
A
290003.333
D
Common Stock, $0.10 par value
2023-03-10
4
J
0
3908
0
A
293911.333
D
Common Stock, $0.10 par value
2023-03-10
4
F
0
14179
65.71
D
279732.333
D
Common Stock, $0.10 par value
2023-03-10
4
M
0
22214
0
A
301946.333
D
Common Stock, $0.10 par value
2023-03-10
4
J
0
718
0
A
302664.333
D
Common Stock, $0.10 par value
2023-03-10
4
F
0
11728
65.71
D
290936.333
D
Common Stock, $0.10 par value
2023-03-10
4
M
0
140445
0
A
431381.333
D
Common Stock, $0.10 par value
2023-03-10
4
J
0
17148
0
A
448529.333
D
Common Stock, $0.10 par value
2023-03-10
4
F
0
80594
65.71
D
367935.333
D
Market Share Units
2023-03-10
4
M
0
24793
0
D
2023-03-10
Common Stock, $0.10 par value
24793.0
0
D
Market Share Units
2023-03-10
4
M
0
23407
0
D
2024-03-10
Common Stock, $0.10 par value
23407.0
23409
D
Market Share Units
2023-03-10
4
M
0
23817
0
D
2025-03-10
Common Stock, $0.10 par value
23817.0
47635
D
Market Share Units
2023-03-10
4
M
0
22214
0
D
2026-03-10
Common Stock, $0.10 par value
22214.0
66643
D
Market Share Units
2023-03-10
4
A
0
93677
0
A
2027-03-10
Common Stock, $0.10 par value
93677.0
93677
D
Performance Shares
2023-03-10
4
M
0
140445
0
D
2023-03-10
Common Stock, $0.10 par value
140445.0
0
D
Performance Shares
2023-03-10
4
A
0
140515
0
A
2026-03-10
Common Stock, $0.10 par value
140515.0
140515
D
Represents vesting of one-quarter of market share units granted on March 10, 2019.
Adjustment reflects additional shares acquired upon the vesting of market share units due to the performance factor.
Shares withheld for payment of taxes upon vesting of award.
Represents vesting of one-quarter of market share units granted on March 10, 2020.
Represents vesting of one-quarter of market share units granted on March 10, 2021.
Represents vesting of one-quarter of market share units granted on March 10, 2022.
Amount represents distribution of performance shares earned under the 2020-2022 Long-Term Performance Award.
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.
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%.
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%.
Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.
Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2023, subject to a Total Shareholder Return.
Each performance share unit converts into one share of common stock upon distribution in the first quarter of 2026.
/s/ Lisa A. Atkins, attorney-in-fact for Giovanni Caforio
2023-03-14