Robert David Thomas - 11 Feb 2025 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Signature
L. Mallardi on behalf of R. Thomas
Issuer symbol
IBM
Transactions as of
11 Feb 2025
Transactions value $
-$1,883,252
Form type
4
Filing time
12 Feb 2025, 17:50:14 UTC
Previous filing
11 Feb 2025
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBM Common Stock Options Exercise $0 +14.7K +24.48% $0.00 74.8K 11 Feb 2025 Direct
transaction IBM Common Stock Tax liability -$1.88M -7.42K -9.92% $253.71 67.4K 11 Feb 2025 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 -14.7K -100% $0.00 0 11 Feb 2025 Common Stock 14.7K $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 02/11/2020, the reporting person was granted 35,601 RSUs, 21,360 of which vested 02/11/24, and 14,241 of which vested on 02/11/25. 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.