A. Fehring - Sep 1, 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
Sep 1, 2024
Transactions value $
-$278,259
Form type
4
Date filed
9/3/2024, 05:45 PM
Previous 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 +2.74K +28.72% $0.00 12.3K Sep 1, 2024 Direct
transaction IBM Common Stock Tax liability -$278K -1.39K -11.29% $200.48 10.9K Sep 1, 2024 Direct
transaction IBM Common Stock Gift $0 -530 -4.86% $0.00 10.4K Sep 3, 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 -2.74K -50% $0.00 2.74K Sep 1, 2024 Common Stock 2.74K $0.00 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.