D. Cohn - Jan 4, 2023 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Vice Chairman
Signature
D. Glowienka on behalf of G. D. Cohn
Stock symbol
IBM
Transactions as of
Jan 4, 2023
Transactions value $
-$301,947
Form type
4
Date filed
1/5/2023, 04:06 PM
Previous filing
Dec 29, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock Options Exercise $0 +5.11K +15.71% $0.00 37.7K Jan 4, 2023 Direct
transaction IBM Common Stock Tax liability -$302K -2.12K -5.63% $142.50 35.5K Jan 4, 2023 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 -5.11K -33.33% $0.00 10.2K Jan 4, 2023 Common Stock 5.11K $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 On 01/04/21, the reporting person was granted 19,794 RSUs, 4,948 of which vested on 01/04/22, 4,949 of which vested on 01/04/23, 4,948 of which will vest on 01/04/24, and 4,949 of which will vest on 01/04/25. 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.
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.