Nickle Jaclyn Lamoreaux - 07 Jun 2023 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role: Senior Vice President
Signature: J. Pomazal on behalf of N. J. LaMoreaux
Issuer symbol: IBM
Transactions as of: 07 Jun 2023
Net transactions value: -$163,867
Form type: 4
Filing time: 09 Jun 2023, 17:09:55 UTC
Previous filing: 06 Jun 2023
Next filing: 22 Aug 2023
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	+480	+2.8%	$0.000000	17,893	07 Jun 2023	Direct
transaction	IBM	Common Stock	Tax liability	$32,797	-246	-1.4%	$133.32	17,647	07 Jun 2023	Direct
transaction	IBM	Common Stock	Options Exercise	$0	+524	+3%	$0.000000	18,171	08 Jun 2023	Direct
transaction	IBM	Common Stock	Tax liability	$36,176	-268	-1.5%	$134.98	17,903	08 Jun 2023	Direct
transaction	IBM	Common Stock	Options Exercise	$0	+1,376	+7.7%	$0.000000	19,279	08 Jun 2023	Direct
transaction	IBM	Common Stock	Tax liability	$94,894	-703	-3.6%	$134.98	18,576	08 Jun 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	-480	-100%	$0.000000^*	0	07 Jun 2023	Common Stock	480	$0.000000	Direct	F1, F2, F3
transaction	IBM	Rst. Stock Unit	Options Exercise	$0	-524	-50%	$0.000000	527	08 Jun 2023	Common Stock	524	$0.000000	Direct	F2, F3, F4
transaction	IBM	Rst. Stock Unit	Options Exercise	$0	-1,376	-33%	$0.000000	2,755	08 Jun 2023	Common Stock	1,376	$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 06/07/19, the reporting person was granted 1,853 RSUs, 463 of which vested on 06/07/20, 463 of which vested on 06/07/21, 463 of which vested on 06/07/22, and 464 of which vested on 06/07/23. 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 2,030 RSUs, 507 of which vested on 06/08/21, 507 of which vested on 06/08/22, 507 of which vested on 06/08/23, and 509 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 5,330 RSUs, 1,332 of which vested on 06/08/22, 1,332 of which vested on 06/08/23, 1,332 of which will vest on 06/08/24, and 1,334 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.