James M. Whitehurst - 08 Jun 2021 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
President
Signature
D. Condrea on behalf of J. M. Whitehurst
Issuer symbol
IBM
Transactions as of
08 Jun 2021
Transactions value $
$-526,982
Form type
4
Filing time
09 Jun 2021, 21:19:35 UTC
Previous filing
01 Jun 2021
Next filing
21 Sep 2021
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 +7,813 +4.13% $0.000000 197,137 08 Jun 2021 Direct
transaction IBM Common Stock Tax liability $-526,982 -3,533 -1.79% $149.16 193,604 08 Jun 2021 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 Award $0 +26,650 $0.000000 26,650 08 Jun 2021 Common Stock 26,650 $0.000000 Direct F1
transaction IBM Rst. Stock Unit Options Exercise $0 -7,813 -25% $0.000000 23,441 08 Jun 2021 Common Stock 7,813 $0.000000 Direct F2, F3
* 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 6,662 of these units on June 8, 2022, 6,662 of these units on June 8, 2023, 6,662 of these units on June 8, 2024, and 6,664 of these units on June 8, 2025.
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.