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CELGZ Celgene Corporation

0.469899
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
Celgene Corporation NASDAQ:CELGZ NASDAQ Right
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0.469899 0.41 0.48 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

22/11/2019 12:32pm

Edgar (US Regulatory)


FORM 4 [X] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Alles Mark J
2. Issuer Name and Ticker or Trading Symbol

CELGENE CORP /DE/ [ CELG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CEO, CHAIRMAN OF BOARD
(Last)          (First)          (Middle)

C/O CELGENE CORPORATION, 86 MORRIS AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

11/20/2019
(Street)

SUMMIT, NJ 07901
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/20/2019  A  25696 A$0 (1)246962 D 
 
Common Stock 11/20/2019  A  45119 A$0 (1)292081 D 
 
Common Stock 11/20/2019  A  74414 A$0 (1)366495 D 
 
Common Stock 11/20/2019  D  366495 D$0 (2)0 D 
 
Common Stock 11/20/2019  D  6252 D$0 (2)0 I 401(k) Plan 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy) $36.96 11/20/2019  D     10994   (3)(4)3/1/2022 Common Stock 10994 $0 (4)0 D 
 
Stock Option (right to buy) $36.47 11/20/2019  D     8326   (3)(4)4/30/2022 Common Stock 8326 $0 (4)0 D 
 
Stock Option (right to buy) $34.70 11/20/2019  D     8326   (3)(4)7/30/2022 Common Stock 8326 $0 (4)0 D 
 
Stock Option (right to buy) $36.68 11/20/2019  D     8326   (3)(4)10/31/2022 Common Stock 8326 $0 (4)0 D 
 
Stock Option (right to buy) $40.22 11/20/2019  D     17500   (3)(4)12/17/2022 Common Stock 17500 $0 (4)0 D 
 
Stock Option (right to buy) $49.48 11/20/2019  D     12488   (3)(4)1/28/2023 Common Stock 12488 $0 (4)0 D 
 
Stock Option (right to buy) $59.24 11/20/2019  D     17738   (3)(4)4/29/2023 Common Stock 17738 $0 (4)0 D 
 
Stock Option (right to buy) $71.33 11/20/2019  D     17738   (3)(4)7/29/2023 Common Stock 17738 $0 (4)0 D 
 
Stock Option (right to buy) $78.12 11/20/2019  D     17738   (3)(4)10/28/2023 Common Stock 17738 $0 (4)0 D 
 
Stock Option (right to buy) $81.56 11/20/2019  D     19688   (3)(4)12/2/2023 Common Stock 19688 $0 (4)0 D 
 
Stock Option (right to buy) $74.30 11/20/2019  D     17738   (3)(4)2/3/2024 Common Stock 17738 $0 (4)0 D 
 
Stock Option (right to buy) $87.64 11/20/2019  D     20350   (3)(4)7/28/2024 Common Stock 20350 $0 (4)0 D 
 
Stock Option (right to buy) $103.10 11/20/2019  D     10175   (3)(4)10/27/2024 Common Stock 10175 $0 (4)0 D 
 
Stock Option (right to buy) $117.18 11/20/2019  D     15670   (3)(4)12/19/2024 Common Stock 15670 $0 (4)0 D 
 
Stock Option (right to buy) $118.57 11/20/2019  D     10175   (3)(4)2/2/2025 Common Stock 10175 $0 (4)0 D 
 
Stock Option (right to buy) $109.90 11/20/2019  D     8625   (3)(4)5/4/2025 Common Stock 8625 $0 (4)0 D 
 
Stock Option (right to buy) $132.56 11/20/2019  D     8625   (3)(4)7/27/2025 Common Stock 8625 $0 (4)0 D 
 
Stock Option (right to buy) $114.08 11/20/2019  D     8625   (3)(4)11/9/2025 Common Stock 8625 $0 (4)0 D 
 
Stock Option (right to buy) $100.80 11/20/2019  D     8625   (3)(4)2/1/2026 Common Stock 8625 $0 (4)0 D 
 
Stock Option (right to buy) $104.97 11/20/2019  D     29669   (3)(4)5/2/2026 Common Stock 29669 $0 (4)0 D 
 
Stock Option (right to buy) $114.69 11/20/2019  D     29669   (3)(4)8/1/2026 Common Stock 29669 $0 (4)0 D 
 

Explanation of Responses:
(1) Represents shares of Celgene common stock acquired in connection with the Agreement and Plan of Merger (the "Merger Agreement") dated January 2, 2019, by and among Celgene Corporation ("Celgene"), Bristol-Myers Squibb Company ("BMS"), and Burgundy Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of BMS ("Merger Sub"), pursuant to which Merger Sub will merge with and into Celgene, with Celgene surviving as a direct wholly owned subsidiary of BMS. These shares were deemed acquired upon satisfaction of performance criteria applicable to Celgene performance-based restricted stock units at the effective time of such merger (the "Effective Time"). In accordance with the Merger Agreement, these performance-based restricted stock units were assumed by BMS and converted into service-based restricted stock units relating to BMS common stock and contingent value rights ("CVRs") in accordance with the methodology and exchange ratio set forth in the Merger Agreement.
(2) Reflects disposition in connection with the Merger Agreement. Upon the Effective Time, each share of Celgene common stock was converted into the right to receive (i) $50.00 in cash, (ii) one share of BMS common stock, and (iii) one CVR issued by BMS subject to and in accordance with the CVR agreement, dated November 20, 2019, by and between BMS and the Equiniti Trust Company.
(3) This option is fully exercisable.
(4) Upon the Effective Time, these stock options were assumed by BMS and converted into options relating to BMS common stock (plus a payment of CVRs, in some cases) in accordance with the methodology and exchange ratio set forth in the Merger Agreement.

Remarks:
ONE OF TWO (1 OF 2) FORM 4s BEING FILED TO REPORT TRANSACTIONS OCCURRING ON NOVEMBER 20, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Alles Mark J
C/O CELGENE CORPORATION
86 MORRIS AVENUE
SUMMIT, NJ 07901
X
CEO, CHAIRMAN OF BOARD

Signatures
/s/ Jonathan Biller, Attorney-in-Fact11/22/2019
**Signature of Reporting PersonDate

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