Alfred W. Zollar - Mar 31, 2023 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Director
Signature
D. Glowienka on behalf of A. W. Zollar
Stock symbol
IBM
Transactions as of
Mar 31, 2023
Transactions value $
$87,568
Form type
4
Date filed
4/3/2023, 04:40 PM
Previous filing
Jan 3, 2023
Next filing
Apr 21, 2023

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 $87.6K +668 +22.18% $131.09 3.68K Mar 31, 2023 Common Stock 668 $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.