J. KAVANAUGH - 18 Feb 2025 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Role
Sr. VP and CFO
Signature
L. Mallardi on behalf of J. J. Kavanaugh
Issuer symbol
IBM
Transactions as of
18 Feb 2025
Transactions value $
$0
Form type
4
Filing time
19 Feb 2025, 17:52:48 UTC
Previous filing
11 Feb 2025
Next filing
25 Feb 2025
SEC
View on sec.gov

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 +10.9K $0.00 10.9K 18 Feb 2025 Common Stock 10.9K $0.00 Direct F1
transaction IBM Emp. Stock Option (right to buy) Award $0 +43.5K $0.00 43.5K 18 Feb 2025 Common Stock 43.5K $261.89 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 2,719 of these units on February 18, 2026, 2,719 of these units on February 18, 2027, 2,719 of these units on February 18, 2028, and 2,720 of these units on February 18, 2029.
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.