Robert David Thomas - Feb 11, 2024 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Senior Vice President
Signature
L. Mallardi on behalf of Robert Thomas
Stock symbol
IBM
Transactions as of
Feb 11, 2024
Transactions value $
-$1,919,338
Form type
4
Date filed
2/13/2024, 04:17 PM
Previous filing
Feb 12, 2024
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock Options Exercise $0 +22.1 K +49.14% $0.00 67 K Feb 11, 2024 Direct
transaction IBM Common Stock Tax liability -$1.92 M -10.3 K -15.45% $185.52 56.6 K Feb 11, 2024 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 -22.1 K -60% $0.00 14.7 K Feb 11, 2024 Common Stock 22.1 K $0.00 Direct F1, F2, F3

Explanation of Responses:

Id Content
F1 On 02/11/2020, the reporting person was granted 35,601 RSUs, 21,360 of which vested 02/11/24, and 14,241 of which will vest on 02/11/25. 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.
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.