Anne Robinson - Jul 1, 2024 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Signature
L. Mallardi on behalf of A. Robinson
Stock symbol
IBM
Transactions as of
Jul 1, 2024
Transactions value $
$0
Form type
4
Date filed
7/3/2024, 04:03 PM

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 Award $0 +20.6K $0.00 20.6K Jul 1, 2024 Common Stock 20.6K $0.00 Direct F1
transaction IBM Rst. Stock Unit Award $0 +5.65K $0.00 5.65K Jul 1, 2024 Common Stock 5.65K $0.00 Direct F2
transaction IBM Emp. Stock Option (right to buy) Award $0 +28.2K $0.00 28.2K Jul 1, 2024 Common Stock 28.2K $174.94 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon lapse of the restrictions, these units are payable in cash or the company's stock. The restrictions lapse for 8,825 of these units on July 1, 2025, 5,883 of these units on July 1, 2026, and 5,884 of these units on July 1, 2027.
F2 Upon lapse of the restrictions, these units are payable in cash or the company's stock. The restrictions lapse for 1,412 of these units on July 1, 2025, 1,412 of these units on July 1, 2026, 1,412 of these units on July 1, 2027, and 1,412 of these units on July 1, 2028.
F3 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.