A. Fehring - Jun 7, 2023 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
VP, Controller
Signature
J. Pomazal on behalf of N. A. Fehring
Stock symbol
IBM
Transactions as of
Jun 7, 2023
Transactions value $
-$68,613
Form type
4
Date filed
6/9/2023, 05:10 PM
Previous filing
Jun 6, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock Options Exercise $0 +386 +5.53% $0.00 7.37K Jun 7, 2023 Direct
transaction IBM Common Stock Tax liability -$18.4K -138 -1.87% $133.32 7.23K Jun 7, 2023 Direct
transaction IBM Common Stock Options Exercise $0 +524 +7.25% $0.00 7.75K Jun 8, 2023 Direct
transaction IBM Common Stock Tax liability -$25.4K -188 -2.43% $134.99 7.56K Jun 8, 2023 Direct
transaction IBM Common Stock Options Exercise $0 +514 +6.8% $0.00 8.08K Jun 8, 2023 Direct
transaction IBM Common Stock Tax liability -$24.8K -184 -2.28% $134.99 7.89K Jun 8, 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 -386 -100% $0.00* 0 Jun 7, 2023 Common Stock 386 $0.00 Direct F1, F2, F3
transaction IBM Rst. Stock Unit Options Exercise $0 -524 -49.86% $0.00 527 Jun 8, 2023 Common Stock 524 $0.00 Direct F2, F3, F4
transaction IBM Rst. Stock Unit Options Exercise $0 -514 -33.27% $0.00 1.03K Jun 8, 2023 Common Stock 514 $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 06/07/19, the reporting person was granted 1,483 RSUs, 370 of which vested on 06/07/20, 370 of which vested on 06/07/21, 370 of which vested on 06/07/22, and 373 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 1,991 RSUs, 497 of which vested on 06/08/22, 497 of which vested on 06/08/23, 497 of which will vest on 06/08/24, and 500 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.