Nicolas A. Fehring - 01 Sep 2024 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Signature
L. Mallardi on behalf of N. A. Fehring
Issuer symbol
IBM
Transactions as of
01 Sep 2024
Net transactions value
-$278,259
Form type
4
Filing time
03 Sep 2024, 17:45:29 UTC
Previous filing
11 Jun 2024
Next filing
03 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock Options Exercise $0 +2,742 +29% $0.000000 12,290 01 Sep 2024 Direct
transaction IBM Common Stock Tax liability $278,259 -1,388 -11% $200.48 10,902 01 Sep 2024 Direct
transaction IBM Common Stock Gift $0 -530 -4.9% $0.000000 10,372 03 Sep 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 -2,742 -50% $0.000000 2,742 01 Sep 2024 Common Stock 2,742 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 9/1/21, the reporting person was granted 5,308 RSUs, 2,654 of which vested on 9/1/24 and 2,654 of which will vest on 9/1/25. 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.