Michelle H. Browdy - Jun 8, 2022 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Senior Vice President
Signature
D. Glowienka on behalf of M. H. Browdy
Stock symbol
IBM
Transactions as of
Jun 8, 2022
Transactions value $
-$602,559
Form type
4
Date filed
6/10/2022, 04:28 PM
Previous filing
Jun 9, 2022
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock Options Exercise $0 +2.15K +2.23% $0.00 98.4K Jun 8, 2022 Direct
transaction IBM Common Stock Tax liability -$155K -1.1K -1.12% $141.28 97.3K Jun 8, 2022 Direct
transaction IBM Common Stock Options Exercise $0 +3.23K +3.32% $0.00 101K Jun 8, 2022 Direct
transaction IBM Common Stock Tax liability -$233K -1.65K -1.64% $141.28 98.9K Jun 8, 2022 Direct
transaction IBM Common Stock Options Exercise $0 +2.97K +3.01% $0.00 102K Jun 8, 2022 Direct
transaction IBM Common Stock Tax liability -$214K -1.52K -1.49% $141.28 100K Jun 8, 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 -2.15K -100% $0.00* 0 Jun 8, 2022 Common Stock 2.15K $0.00 Direct F1, F2, F3
transaction IBM Rst. Stock Unit Options Exercise $0 -3.23K -33.32% $0.00 6.46K Jun 8, 2022 Common Stock 3.23K $0.00 Direct F2, F3, F4
transaction IBM Rst. Stock Unit Options Exercise $0 -2.97K -25% $0.00 8.92K Jun 8, 2022 Common Stock 2.97K $0.00 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.