Michelle H. Browdy - 08 Jun 2022 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role: Senior Vice President
Signature: D. Glowienka on behalf of M. H. Browdy
Issuer symbol: IBM
Transactions as of: 08 Jun 2022
Net transactions value: -$602,559
Form type: 4
Filing time: 10 Jun 2022, 16:28:43 UTC
Previous filing: 09 Jun 2022
Next filing: 10 Aug 2022
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	+2,148	+2.2%	$0.000000	98,420	08 Jun 2022	Direct
transaction	IBM	Common Stock	Tax liability	$155,125	-1,098	-1.1%	$141.28	97,322	08 Jun 2022	Direct
transaction	IBM	Common Stock	Options Exercise	$0	+3,228	+3.3%	$0.000000	100,550	08 Jun 2022	Direct
transaction	IBM	Common Stock	Tax liability	$232,971	-1,649	-1.6%	$141.28	98,901	08 Jun 2022	Direct
transaction	IBM	Common Stock	Options Exercise	$0	+2,972	+3%	$0.000000	101,873	08 Jun 2022	Direct
transaction	IBM	Common Stock	Tax liability	$214,463	-1,518	-1.5%	$141.28	100,355	08 Jun 2022	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	-2,148	-100%	$0.000000^*	0	08 Jun 2022	Common Stock	2,148	$0.000000	Direct	F1, F2, F3
transaction	IBM	Rst. Stock Unit	Options Exercise	$0	-3,228	-33%	$0.000000	6,460	08 Jun 2022	Common Stock	3,228	$0.000000	Direct	F2, F3, F4
transaction	IBM	Rst. Stock Unit	Options Exercise	$0	-2,972	-25%	$0.000000	8,918	08 Jun 2022	Common Stock	2,972	$0.000000	Direct	F2, F3, F5

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

Explanation of Responses:

Id	Content
F1	On 06/08/18, the reporting person was granted 8,313 RSUs, 2,078 of which vested on 06/08/19, 2,078 of which vested on 06/08/20, 2,078 of which vested on 06/08/21, and 2,079 of which vested on 06/08/22. In connection with the spin-off of Kyndryl Holdings, Inc. on November 3, 2021, unvested Issuer restricted stock units were adjusted to reflect additional restricted stock units, which additional restricted stock units are included in the figures above.
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.
F4	On 06/08/20, the reporting person was granted 12,502 RSUs, 3,125 of which vested on 06/08/21, 3,125 of which vested on 06/08/22, 3,125 of which will vest on 06/08/23, and 3,127 of which will vest on 06/08/24. In connection with the spin-off of Kyndryl Holdings, Inc. on November 3, 2021, unvested Issuer restricted stock units were adjusted to reflect additional restricted stock units, which additional restricted stock units are included in the figures above.
F5	On 06/08/21, the reporting person was granted 11,508 RSUs, 2,877 of which vested on 06/08/22, 2,877 of which will vest on 06/08/23, 2,877 of which will vest on 06/08/24, and 2,877 of which will vest on 06/08/25. In connection with the spin-off of Kyndryl Holdings, Inc. on November 3, 2021, unvested Issuer restricted stock units were adjusted to reflect additional restricted stock units, which additional restricted stock units are included in the figures above.