James M. Whitehurst - Jun 8, 2021 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
President
Signature
D. Condrea on behalf of J. M. Whitehurst
Stock symbol
IBM
Transactions as of
Jun 8, 2021
Transactions value $
-$526,982
Form type
4
Date filed
6/9/2021, 09:19 PM
Previous filing
Jun 1, 2021
Next filing
Sep 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock +Options Exercise $0 +7,813 +4.13% $0.00 197,137 Jun 8, 2021 Direct
transaction IBM Common Stock -Tax liability -$526,982 -3,533 -1.79% $149.16 193,604 Jun 8, 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 +Grant/Award $0 +26,650 $0.00 26,650 Jun 8, 2021 Common Stock 26,650 $0.00 Direct F1
transaction IBM Rst. Stock Unit -Options Exercise $0 -7,813 -25% $0.00 23,441 Jun 8, 2021 Common Stock 7,813 $0.00 Direct F2, F3

Explanation of Responses:

Id Content
F1 Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 6,662 of these units on June 8, 2022, 6,662 of these units on June 8, 2023, 6,662 of these units on June 8, 2024, and 6,664 of these units on June 8, 2025.
F2 These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.
F3 Release of restricted stock units.