Nickle Jaclyn Lamoreaux - Aug 18, 2023 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Senior Vice President
Signature
J. Pomazal on behalf of N. J. LaMoreaux
Stock symbol
IBM
Transactions as of
Aug 18, 2023
Transactions value $
-$299,838
Form type
4
Date filed
8/22/2023, 04:28 PM
Previous filing
Jun 9, 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 +4.17K +22.42% $0.00 22.8K Aug 18, 2023 Direct
transaction IBM Common Stock Tax liability -$300K -2.13K -9.36% $140.84 20.6K Aug 18, 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 -4.17K -100% $0.00* 0 Aug 18, 2023 Common Stock 4.17K $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 08/18/2020, the reporting person was granted 8,067 RSUs, 4,033 of which vested on 08/18/2021 and 4,034 of which vested on 08/18/2023. 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.