Sec Form 4 Filing - AHMED NADIM @ CELGENE CORP /DE/ - 2019-11-20

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FORM 4
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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
AHMED NADIM
2. Issuer Name and Ticker or Trading Symbol
CELGENE CORP /DE/ [ CELG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
PRES., GLOBAL HEM. AND ONC.
(Last) (First) (Middle)
C/O CELGENE CORPORATION, 86 MORRIS AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
11/20/2019
(Street)
SUMMIT, NJ07901
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 113.18 11/20/2019 D 6,563 ( 1 )( 2 ) 01/30/2027 Common Stock 6,563 $ 0 ( 2 ) 0 D
Stock Option (right to buy) $ 124.06 11/20/2019 D 3,125 ( 1 )( 2 ) 05/01/2027 Common Stock 3,125 $ 0 ( 2 ) 0 D
Stock Option (right to buy) $ 135.41 11/20/2019 D 3,125 ( 1 )( 2 ) 07/31/2027 Common Stock 3,125 $ 0 ( 2 ) 0 D
Stock Option (right to buy) $ 100.97 11/20/2019 D 5,000 ( 1 )( 2 ) 10/30/2027 Common Stock 5,000 $ 0 ( 2 ) 0 D
Stock Option (right to buy) $ 103.26 11/20/2019 D 5,000 ( 1 )( 2 ) 01/29/2028 Common Stock 5,000 $ 0 ( 2 ) 0 D
Stock Option (right to buy) $ 83.13 11/20/2019 D 10,548 ( 1 )( 2 ) 05/08/2028 Common Stock 10,548 $ 0 ( 2 ) 0 D
Stock Option (right to buy) $ 88.91 11/20/2019 D 10,548 ( 1 )( 2 ) 07/30/2028 Common Stock 10,548 $ 0 ( 2 ) 0 D
Stock Option (right to buy) $ 71.43 11/20/2019 D 10,549 ( 1 )( 2 ) 10/29/2028 Common Stock 10,549 $ 0 ( 2 ) 0 D
Restricted Stock Unit $ 0 ( 3 ) 11/20/2019 D 1,563 ( 4 ) ( 4 ) Common Stock 1,563 $ 0 ( 4 ) 0 D
Restricted Stock Unit $ 0 ( 3 ) 11/20/2019 D 2,500 ( 4 ) ( 4 ) Common Stock 2,500 $ 0 ( 4 ) 0 D
Restricted Stock Unit $ 0 ( 3 ) 11/20/2019 D 5,357 ( 4 ) ( 4 ) Common Stock 5,357 $ 0 ( 4 ) 0 D
Restricted Stock Unit $ 0 ( 3 ) 11/20/2019 D 3,348 ( 4 ) ( 4 ) Common Stock 3,348 $ 0 ( 4 ) 0 D
Restricted Stock Unit $ 0 ( 3 ) 11/20/2019 D 27,749 ( 4 ) ( 4 ) Common Stock 27,749 $ 0 ( 4 ) 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
AHMED NADIM
C/O CELGENE CORPORATION
86 MORRIS AVENUE
SUMMIT, NJ07901
PRES., GLOBAL HEM. AND ONC.
Signatures
/s/ Jonathan Biller, Attorney-in-Fact 11/22/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This option was fully exercisable.
( 2 )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 and upon the effective time of such merger (the "Effective Time"), these stock options were assumed by BMS and converted into options relating to BMS common stock (plus a payment of contingent value rights ("CVRs"), in some cases) in accordance with the methodology and exchange ratio set forth in the Merger Agreement.
( 3 )Each restricted stock unit represents a contingent right to receive one share of Celgene common stock.
( 4 )Upon the Effective Time, these restricted stock units were assumed by BMS and converted into restricted stock units relating to BMS common stock and CVRs in accordance with the methodology and exchange ratio set forth in the Merger Agreement.

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

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