ARVIND KRISHNA - 10 Feb 2025 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Signature
L. Mallardi on behalf of A. Krishna
Issuer symbol
IBM
Transactions as of
10 Feb 2025
Transactions value $
$0
Form type
4
Filing time
11 Feb 2025, 16:08:16 UTC
Previous filing
03 Feb 2025
Next filing
19 Feb 2025

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 Phantom Stock Unit Award $0 +129 +0.67% $0 19,338 10 Feb 2025 Common Stock 129 $0 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
F2 Acquisition of phantom stock units under the IBM Excess Savings Plan.
F3 Distribution of phantom stock units under the IBM Excess Savings Plan is deferred until separation from the company. The reporting person may transfer these phantom stock units into an alternative investment account under such plan.