0000014272-23-000064.txt : 20230314
0000014272-23-000064.hdr.sgml : 20230314
20230314201838
ACCESSION NUMBER: 0000014272-23-000064
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: Hirawat Samit
CENTRAL INDEX KEY: 0001781290
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01136
FILM NUMBER: 23732951
MAIL ADDRESS:
STREET 1: BRISTOL-MYERS SQIUBB COMPANY
STREET 2: ROUTE 206 & PROVINCE LINE ROAD
CITY: PRINCETON
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_167883950491167.xml
FORM 4
X0306
4
2023-03-10
0
0000014272
BRISTOL MYERS SQUIBB CO
BMY
0001781290
Hirawat Samit
BRISTOL-MYERS SQUIBB COMPANY
430 E. 29TH STREET, 14TH FLOOR
NEW YORK
NY
10016
0
1
0
0
EVP,Chief Med.Offr.,Drug Dev.
Common Stock, $0.10 par value
2023-03-10
4
M
0
4189
0
A
25481
D
Common Stock, $0.10 par value
2023-03-10
4
J
0
775
0
A
26256
D
Common Stock, $0.10 par value
2023-03-10
4
F
0
2540
65.71
D
23716
D
Common Stock, $0.10 par value
2023-03-10
4
M
0
4885
0
A
28601
D
Common Stock, $0.10 par value
2023-03-10
4
J
0
802
0
A
29403
D
Common Stock, $0.10 par value
2023-03-10
4
F
0
2909
65.71
D
26494
D
Common Stock, $0.10 par value
2023-03-10
4
M
0
4765
0
A
31259
D
Common Stock, $0.10 par value
2023-03-10
4
J
0
154
0
A
31413
D
Common Stock, $0.10 par value
2023-03-10
4
F
0
2517
65.71
D
28896
D
Common Stock, $0.10 par value
2023-03-10
4
M
0
25139
0
A
54035
D
Common Stock, $0.10 par value
2023-03-10
4
J
0
3069
0
A
57104
D
Common Stock, $0.10 par value
2023-03-10
4
F
0
14429
65.71
D
42675
D
Market Share Units
2023-03-10
4
M
0
4189
0
D
2024-03-10
Common Stock, $0.10 par value
4189.0
4192
D
Market Share Units
2023-03-10
4
M
0
4885
0
D
2025-03-10
Common Stock, $0.10 par value
4885.0
9771
D
Market Share Units
2023-03-10
4
M
0
4765
0
D
2026-03-10
Common Stock, $0.10 par value
4765.0
14297
D
Market Share Units
2023-03-10
4
A
0
23419
0
A
2027-03-10
Common Stock, $0.10 par value
23419.0
23419
D
Performance Shares
2023-03-10
4
M
0
25139
0
D
2023-03-10
Common Stock, $0.10 par value
25139.0
0
D
Performance Shares
2023-03-10
4
A
0
35129
0
A
2026-03-10
Common Stock, $0.10 par value
35129.0
35129
D
Represents vesting of one-quarter of market share units granted on March 10, 2020.
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 awards.
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 the market share unit award will vest on each of the first, second, third and fourth anniversaries of the grant date.
Each performance share converts into one share of common stock upon distribution in the first quarter of 2023, subject to a Total Shareholder Return.
Each performance share converts into one share of common stock upon distribution in the first quarter of 2026.
/s/ Lisa A. Atkins, attorney-in-fact for Samit Hirawat
2023-03-14