A. Fehring - Jun 8, 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
Jun 8, 2024
Transactions value $
-$79,085
Form type
4
Date filed
6/11/2024, 06:04 PM
Previous 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 +527 +5.5% $0.00 10,110 Jun 8, 2024 Direct
transaction IBM Common Stock -Tax liability -$34,791 -205 -2.03% $169.71 9,905 Jun 8, 2024 Direct
transaction IBM Common Stock +Options Exercise $0 +514 +5.19% $0.00 10,419 Jun 8, 2024 Direct
transaction IBM Common Stock -Tax liability -$44,294 -261 -2.51% $169.71 10,158 Jun 8, 2024 Direct
transaction IBM Common Stock -Gift $0 -610 -6.01% $0.00 9,548 Jun 10, 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 -527 -100% $0.00 0 Jun 8, 2024 Common Stock 527 $0.00 Direct F1, F2, F3
transaction IBM Rst. Stock Unit -Options Exercise $0 -514 -49.85% $0.00 517 Jun 8, 2024 Common Stock 514 $0.00 Direct F2, F3, F4

Explanation of Responses:

Id Content
F1 On 06/08/20, the reporting person was granted 2,030 RSUs, 507 of which vested on 06/08/21, 507 of which vested on 06/08/22, 507 of which vested on 06/08/23, and 509 of which vested on 06/08/24. 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.
F4 On 06/08/21, the reporting person was granted 1,991 RSUs, 497 of which vested on 06/08/22, 497 of which vested on 06/08/23, 497 of which vested on 06/08/24, and 500 of which will vest on 06/08/25. 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.