Alex Gorsky - Dec 31, 2021 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Director
Signature
D. Glowienka on behalf of A. Gorsky
Stock symbol
IBM
Transactions as of
Dec 31, 2021
Transactions value $
$86,344
Form type
4
Date filed
1/4/2022, 05:07 PM
Previous filing
Nov 12, 2021
Next filing
Jan 19, 2022

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 +646 +3.3% $133.66 20.2K Dec 31, 2021 Common Stock 646 $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.