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

Role
Director
Signature
L. Mallardi on behalf of J. R. Swedish
Stock symbol
IBM
Transactions as of
Dec 29, 2023
Transactions value $
$87,663
Form type
4
Date filed
1/3/2024, 06:37 PM
Previous filing
Dec 14, 2023
Next filing
Mar 8, 2024

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 $87.7K +536 +4.01% $163.55 13.9K Dec 29, 2023 Common Stock 536 $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.