Nickle Jaclyn Lamoreaux - 18 Aug 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: 18 Aug 2023
Net transactions value: -$299,838
Form type: 4
Filing time: 22 Aug 2023, 16:28:12 UTC
Previous filing: 09 Jun 2023
Next filing: 05 Feb 2024
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	+4,168	+22%	$0.000000	22,756	18 Aug 2023	Direct
transaction	IBM	Common Stock	Tax liability	$299,838	-2,129	-9.4%	$140.84	20,627	18 Aug 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	-4,168	-100%	$0.000000^*	0	18 Aug 2023	Common Stock	4,168	$0.000000	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.