SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Caldarella Joseph C

(Last)

(First)

(Middle)

BRISTOL-MYERS SQUIBB COMPANY

ROUTE 206 & PROVINCELINE ROAD

(Street)

PRINCETON

08543

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/10/2005

3. Issuer Name and Ticker or Trading Symbol
BRISTOL MYERS SQUIBB CO [ (BMY) ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP & Financial Controller

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.10 par value	18,481⁽¹⁾	D
Common Stock, $0.10 par value	2,442.45	I	By BMY Savings & Investment Program⁽²⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Executive Option (right to buy)	01/04/2000⁽³⁾	01/03/2009	Common Stock, $0.10 par value	17,878	$62.95	D
Executive Option (right to buy)	⁽³⁾	01/02/2010	Common Stock, $0.10 par value	1,788	$61.09	D
Executive Option (right to buy)	03/06/2002⁽³⁾	03/05/2011	Common Stock, $0.10 par value	15,775	$59.78	D
Option (right to buy)	⁽⁴⁾	03/04/2006	Common Stock, $0.10 par value	21,033	$20.74	D
Option (right to buy)	03/04/1998⁽⁴⁾	03/03/2007	Common Stock, $0.10 par value	15,775	$32	D
Option (right to buy)	03/03/1999⁽⁴⁾	03/02/2008	Common Stock, $0.10 par value	22,400	$48.45	D
Option (right to buy)	03/07/2001⁽⁵⁾	03/06/2010	Common Stock, $0.10 par value	18,930	$42.64	D
Option (right to buy)	03/05/2003⁽⁵⁾	03/04/2012	Common Stock, $0.10 par value	18,000	$48.08	D
Option (right to buy)	06/04/2005⁽⁶⁾	06/03/2007	Common Stock, $0.10 par value	13,500	$28.9	D
Option (right to buy)	03/04/2004⁽⁵⁾	03/03/2013	Common Stock, $0.10 par value	24,138	$23.14	D
Option (right to buy)	⁽⁵⁾	03/01/2014	Common Stock, $0.10 par value	16,500	$28.11	D
Option (right to buy)	⁽⁵⁾	02/28/2015	Common Stock, $0.10 par value	13,781	$25.45	D

Explanation of Responses:

1. Includes shares of restricted stock with one-third vesting on each of the third, fourth and fifth anniversaries of the grant date.

2. Based on a plan statement as of the end of the most recent fiscal quarter.

3. One half of the shares is exercisable 25% per year, on a cumulative basis, commencing one year after the date of grant. The other half of the shares vests 25% per year and is exercisable on the earlier to occur of (i) the closing share price achieving a price threshold and remaining at that threshold for a given number of days or (ii) the eighth anniversary of the grant date.

4. Currently Exercisable.

5. Exercisable as to 25% of the shares annually, on a cumulative basis, commencing one year after the date of grant.

6. Exercisable on the earlier of (i) three years from the date of grant or (ii) the date on which the closing share price achieves $50.00 or above for seven consecutive trading days.

	/s/ Caldarella, Joseph C.	10/12/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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