J. KAVANAUGH - 08 Jun 2021 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Sr. VP and CFO
Signature
D. Condrea on behalf of J. J. Kavanaugh
Issuer symbol
IBM
Transactions as of
08 Jun 2021
Transactions value $
-$749,827
Form type
4
Filing time
09 Jun 2021, 21:20:26 UTC
Previous filing
08 Jun 2021
Next filing
16 Jun 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 +2K +2.26% $0.00 90.6K 08 Jun 2021 Direct
transaction IBM Common Stock Tax liability -$145K -969 -1.07% $149.16 89.6K 08 Jun 2021 Direct
transaction IBM Common Stock Options Exercise $0 +2.87K +3.2% $0.00 92.5K 08 Jun 2021 Direct
transaction IBM Common Stock Tax liability -$207K -1.39K -1.5% $149.16 91.1K 08 Jun 2021 Direct
transaction IBM Common Stock Options Exercise $0 +5.51K +6.04% $0.00 96.6K 08 Jun 2021 Direct
transaction IBM Common Stock Tax liability -$398K -2.67K -2.76% $149.16 94K 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 +20K $0.00 20K 08 Jun 2021 Common Stock 20K $0.00 Direct F1
transaction IBM Rst. Stock Unit Options Exercise $0 -2K -100% $0.00* 0 08 Jun 2021 Common Stock 2K $0.00 Direct F2, F3
transaction IBM Rst. Stock Unit Options Exercise $0 -2.87K -49.99% $0.00 2.87K 08 Jun 2021 Common Stock 2.87K $0.00 Direct F2, F3
transaction IBM Rst. Stock Unit Options Exercise $0 -5.51K -25% $0.00 16.5K 08 Jun 2021 Common Stock 5.51K $0.00 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 4,997 of these units on June 8, 2022, 4,997 of these units on June 8, 2023, 4,997 of these units on June 8, 2024, and 4,997 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.