A. Fehring - Feb 21, 2024 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
VP, Controller
Signature
L. Mallardi on behalf of N. A. Fehring
Stock symbol
IBM
Transactions as of
Feb 21, 2024
Transactions value $
-$60,411
Form type
4
Date filed
2/23/2024, 05:26 PM
Previous filing
Feb 5, 2024
Next filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock +Options Exercise $0 +394 +4.39% $0.00 9,375 Feb 21, 2024 Direct
transaction IBM Common Stock -Tax liability -$25,503 -141 -1.5% $180.87 9,234 Feb 21, 2024 Direct
transaction IBM Common Stock +Options Exercise $0 +540 +5.85% $0.00 9,774 Feb 21, 2024 Direct
transaction IBM Common Stock -Tax liability -$34,908 -193 -1.97% $180.87 9,581 Feb 21, 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 +Grant/Award $0 +2,527 $0.00 2,527 Feb 21, 2024 Common Stock 2,527 $0.00 Direct F1
transaction IBM Emp. Stock Option (right to buy) +Grant/Award $0 +8,421 $0.00 8,421 Feb 21, 2024 Common Stock 8,421 $180.87 Direct F2
transaction IBM Rst. Stock Unit -Options Exercise $0 -394 -33.28% $0.00 790 Feb 21, 2024 Common Stock 394 $0.00 Direct F3, F4
transaction IBM Rst. Stock Unit -Options Exercise $0 -540 -24.98% $0.00 1,622 Feb 21, 2024 Common Stock 540 $0.00 Direct F3, F4

Explanation of Responses:

Id Content
F1 Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 631 of these units on February 21, 2025, 632 of these units on February 21, 2026, 632 of these units on February 21, 2027, and 632 of these units on February 21, 2028.
F2 These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown. All expire on the expiration date shown above.
F3 These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.
F4 Release of restricted stock units.