Signature
L. Mallardi on behalf of N. J. LaMoreaux
Issuer symbol
IBM
Transactions as of
01 Sep 2024
Net transactions value
-$196,065
Form type
4
Filing time
03 Sep 2024, 17:47:20 UTC
Previous filing
11 Jun 2024
Next filing
08 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock Options Exercise $0 +1,915 +6.8% $0.000000 29,968 01 Sep 2024 Direct
transaction IBM Common Stock Tax liability $196,065 -978 -3.3% $200.48 28,990 01 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 -1,915 -100% $0.000000 0 01 Sep 2024 Common Stock 1,915 $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 9/1/20, the reporting person was granted 3,706 RSUs, 1,853 of which vested on 9/1/22 and 1,853 of which vested on 9/1/24. 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.