James J. Kavanaugh - 07 Jun 2021 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role: Sr. VP and CFO
Signature: D. Condrea on behalf of J. J. Kavanaugh
Issuer symbol: IBM
Transactions as of: 07 Jun 2021
Net transactions value: -$269,583
Form type: 4
Filing time: 08 Jun 2021, 17:25:35 UTC
Previous filing: 01 Jun 2021
Next filing: 09 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IBM	Common Stock	Options Exercise	$0	+3,761	+4.3%	$0.000000	90,439	07 Jun 2021	Direct
transaction	IBM	Common Stock	Tax liability	$269,583	-1,822	-2%	$147.96	88,617	07 Jun 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IBM	Rst. Stock Unit	Options Exercise	$0	-3,761	-33%	$0.000000	7,524	07 Jun 2021	Common Stock	3,761	$0.000000	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.
F2	Release of restricted stock units.