ARVIND KRISHNA - 07 Jun 2023 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role: Chairman and CEO, Director
Signature: J. Pomazal on behalf of A. Krishna
Issuer symbol: IBM
Transactions as of: 07 Jun 2023
Net transactions value: -$1,520,389
Form type: 4
Filing time: 09 Jun 2023, 17:10:13 UTC
Previous filing: 19 May 2023
Next filing: 05 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IBM	Common Stock	Options Exercise	$0	+4,022	+1.4%	$0.000000	282,755	07 Jun 2023	Direct
transaction	IBM	Common Stock	Tax liability	$265,973	-1,995	-0.71%	$133.32	280,760	07 Jun 2023	Direct
transaction	IBM	Common Stock	Options Exercise	$0	+10,091	+3.6%	$0.000000	290,851	08 Jun 2023	Direct
transaction	IBM	Common Stock	Tax liability	$676,275	-5,010	-1.7%	$134.98	285,841	08 Jun 2023	Direct
transaction	IBM	Common Stock	Options Exercise	$0	+8,604	+3%	$0.000000	294,445	08 Jun 2023	Direct
transaction	IBM	Common Stock	Tax liability	$578,141	-4,283	-1.5%	$134.98	290,162	08 Jun 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
transaction	IBM	Rst. Stock Unit	Options Exercise	$0	-4,022	-100%	$0.000000^*	0	07 Jun 2023	Common Stock	4,022	$0.000000	Direct	F1, F2, F3
transaction	IBM	Rst. Stock Unit	Options Exercise	$0	-10,091	-50%	$0.000000	10,091	08 Jun 2023	Common Stock	10,091	$0.000000	Direct	F2, F3, F4
transaction	IBM	Rst. Stock Unit	Options Exercise	$0	-8,604	-33%	$0.000000	17,210	08 Jun 2023	Common Stock	8,604	$0.000000	Direct	F2, F3, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On 06/07/19, the reporting person was granted 15,565 RSUs, 3,891 of which vested on 06/07/20, 3,891 of which vested on 06/07/21, 3,891 of which vested on 06/07/22, and 3,892 of which vested on 06/07/23. 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.
F4	On 06/08/20, the reporting person was granted 39,068 RSUs, 9,767 of which vested on 06/08/21, 9,767 of which vested on 06/08/22, 9,767 of which vested on 06/08/23, and 9,767 of which will vest on 06/08/24. 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.
F5	On 06/08/21, the reporting person was granted 33,313 RSUs, 8,328 of which vested on 06/08/22, 8,328 of which vested on 06/08/23, 8,328 of which will vest on 06/08/24, and 8,329 of which will vest on 06/08/25. 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.