Alex Gorsky - Jun 30, 2021 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Director
Signature
D. Condrea on behalf of A. Gorsky
Stock symbol
IBM
Transactions as of
Jun 30, 2021
Transactions value $
$86,342
Form type
4
Date filed
7/1/2021, 04:33 PM
Next filing
Oct 1, 2021

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 Promised Fee Share Award $86.3K +589 +3.46% $146.59 17.6K Jun 30, 2021 Common Stock 589 $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan are paid out after retirement in the company's common stock or cash.
F2 Deferral of fees into Promised Fee Shares under the terms of the IBM Board of Directors Deferred Compensation and Equity Award Plan.
F3 Distribution of Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan is deferred until retirement.