ARVIND KRISHNA - 21 Feb 2022 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Signature
D. Glowienka on behalf of A. Krishna
Issuer symbol
IBM
Transactions as of
21 Feb 2022
Transactions value $
$0
Form type
4
Filing time
23 Feb 2022, 17:17:10 UTC
Previous filing
11 Feb 2022
Next filing
10 May 2022

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 +20.7K $0.00 20.7K 21 Feb 2022 Common Stock 20.7K $0.00 Direct F1
transaction IBM Emp. Stock Option (right to buy) Award $0 +145K $0.00 145K 21 Feb 2022 Common Stock 145K $124.52 Direct F2
* 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 5,163 of these units on February 21, 2023, 5,163 of these units on February 21, 2024, 5,163 of these units on February 21, 2025, and 5,166 of these units on February 21, 2026.
F2 These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown. All expire on the expiration date shown above.