Gary D. Cohn - 21 Feb 2022 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Vice Chairman
Signature
D. Glowienka on behalf of G. D. Cohn
Issuer symbol
IBM
Transactions as of
21 Feb 2022
Net transactions value
$0
Form type
4
Filing time
23 Feb 2022, 17:15:35 UTC
Previous filing
03 Feb 2022
Next filing
29 Dec 2022
SEC
View on sec.gov

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 Award $0 +10,891 $0.000000 10,891 21 Feb 2022 Common Stock 10,891 $0.000000 Direct F1
transaction IBM Emp. Stock Option (right to buy) Award $0 +76,211 $0.000000 76,211 21 Feb 2022 Common Stock 76,211 $124.52 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 2,722 of these units on February 21, 2023, 2,722 of these units on February 21, 2024, 2,722 of these units on February 21, 2025, and 2,725 of these units on February 21, 2026.
F2 These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown. All expire on the expiration date shown above.