0000014272-24-000052.txt : 20240312
0000014272-24-000052.hdr.sgml : 20240312
20240312174202
ACCESSION NUMBER: 0000014272-24-000052
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240310
FILED AS OF DATE: 20240312
DATE AS OF CHANGE: 20240312
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Caforio Giovanni
CENTRAL INDEX KEY: 0001533201
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01136
FILM NUMBER: 24743665
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]
ORGANIZATION NAME: 03 Life Sciences
IRS NUMBER: 220790350
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ROUTE 206 AND PROVINCE LINE ROAD
CITY: PRINCETON
STATE: NJ
ZIP: 08543
BUSINESS PHONE: 6092524621
MAIL ADDRESS:
STREET 1: ROUTE 206 AND PROVINCE LINE ROAD
CITY: PRINCETON
STATE: NJ
ZIP: 08543
FORMER COMPANY:
FORMER CONFORMED NAME: BRISTOL MYERS CO
DATE OF NAME CHANGE: 19891012
4
1
wk-form4_1710279706.xml
FORM 4
X0508
4
2024-03-10
0
0000014272
BRISTOL MYERS SQUIBB CO
BMY
0001533201
Caforio Giovanni
BRISTOL-MYERS SQUIBB COMPANY
ROUTE 206 AND PROVINCE LINE ROAD
PRINCETON
NJ
08543
1
1
0
0
Executive Chair of the Board
0
Common Stock, $0.10 par value
2024-03-10
4
M
0
23409
0
A
390904.333
D
Common Stock, $0.10 par value
2024-03-10
4
J
0
3687
0
D
387217.333
D
Common Stock, $0.10 par value
2024-03-10
4
F
0
10088
53.79
D
377129.333
D
Common Stock, $0.10 par value
2024-03-10
4
M
0
23817
0
A
400946.333
D
Common Stock, $0.10 par value
2024-03-10
4
J
0
4104
0
D
396842.333
D
Common Stock, $0.10 par value
2024-03-10
4
F
0
10084
53.79
D
386758.333
D
Common Stock, $0.10 par value
2024-03-10
4
M
0
142904
0
A
529662.333
D
Common Stock, $0.10 par value
2024-03-10
4
J
0
49745
0
D
479917.333
D
Common Stock, $0.10 par value
2024-03-10
4
F
0
47651
53.79
D
432266.333
D
Market Share Units
2024-03-10
4
M
0
23409
0
D
2024-03-10
Common Stock, $0.10 par value
23409
0
D
Market Share Units
2024-03-10
4
M
0
23817
0
D
2025-03-10
Common Stock, $0.10 par value
23817
23818
D
Market Share Units
2024-03-10
4
J
0
22214
0
D
2026-03-10
Common Stock, $0.10 par value
22214
44429
D
Market Share Units
2024-03-10
4
J
0
23419
0
D
2027-03-10
Common Stock, $0.10 par value
23419
70258
D
Performance Shares
2024-03-10
4
M
0
142904
0
D
2024-03-10
Common Stock, $0.10 par value
142904
0
D
Represents vesting of one-quarter of market share units granted on March 10, 2020.
Adjustment reflects shares disposed 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.
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%.
Represents the cancellation of one-quarter of market share units granted on March 10, 2022 due to the 80% minimum payout factor not being achieved.
Twenty-five percent of these market share units will vest on each of the first, second, third and fourth anniversaries of the grant date.
Represents the cancellation of one-quarter of market share units granted on March 10, 2023 due to the 80% minimum payout factor not being achieved.
Each performance share converts into one share of common stock upon distribution in the first quarter of 2024, subject to a Total Shareholder Return.
/s/ Lisa A. Atkins, attorney-in-fact for Giovanni Caforio
2024-03-12