Joseph Swedish - Sep 29, 2023 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Director
Signature
J. Pomazal on behalf of J. R. Swedish
Stock symbol
IBM
Transactions as of
Sep 29, 2023
Transactions value $
$87,547
Form type
4
Date filed
10/3/2023, 04:36 PM
Previous filing
Sep 14, 2023
Next filing
Dec 14, 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 $87.5K +624 +4.95% $140.30 13.2K Sep 29, 2023 Common Stock 624 $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.