Robert David Thomas - Dec 12, 2023 Form 3 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Senior Vice President
Signature
L. Lalli on behalf of Robert Thomas
Stock symbol
IBM
Transactions as of
Dec 12, 2023
Transactions value $
$0
Form type
3
Date filed
12/19/2023, 08:14 PM
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IBM Common Stock 33.5K Dec 12, 2023 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
holding IBM Rst. Stock Unit Dec 12, 2023 Common Stock 36.8K $0.00 Direct F1
holding IBM Rst. Stock Unit Dec 12, 2023 Common Stock 3.67K $0.00 Direct F2
holding IBM Rst. Stock Unit Dec 12, 2023 Common Stock 6.89K $0.00 Direct F3
holding IBM Rst. Stock Unit Dec 12, 2023 Common Stock 7.89K $0.00 Direct F4
holding IBM Rst. Stock Unit Dec 12, 2023 Common Stock 12.5K $0.00 Direct F5
holding IBM Emp. Stock Option (right to buy) Dec 12, 2023 Common Stock 73.6K $124.51 Direct F6
holding IBM Emp. Stock Option (right to buy) Dec 12, 2023 Common Stock 74.8K $133.00 Direct F7
holding IBM Phantom Stock Dec 12, 2023 Common Stock 5 Direct F8
* 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 common stock. The restrictions lapse for 22,068 of these units on Feb 11, 2024, and for 14,714 of these units on Feb 11, 2025.
F2 These units are payable in cash or the company's common stock upon lapse of the restrictions on June 8, 2024.
F3 Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 3,442 of these units on June 8, 2024, and for 3,443 of these units on June 8, 2025.
F4 Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 2,628 of these units on Feb 21, 2024, for 2,628 of these units on Feb 21, 2025, and for 2,631 of these units on Feb 21, 2026.
F5 Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 3,115 of these units on Feb 21, 2024, for 3,116 of these units on Feb 21, 2025, for 3,116 of these units on Feb 21, 2026, and for 3,116 of these units on Feb 21, 2027.
F6 These derivative securities vest in four equal annual installments; the most recent vesting occurred on the date exercisable shown above. All expire on the expiration date shown above.
F7 These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown above. All expire on the expiration date shown above.
F8 Phantom stock units acquired under the IBM Excess 401(k) Plus Plan convert to the cash value of the company's common stock on a one-for-one basis, and distribution is deferred until separation from the company. The reporting person may transfer some of these phantom stock units into an alternative investment account under such plan.