Nickle Jaclyn Lamoreaux - Feb 18, 2025 Form 4 Insider Report for INTERNATIONAL BUSINESS MACHINES CORP (IBM)

Signature
L. Mallardi on behalf of N. J. LaMoreaux
Stock symbol
IBM
Transactions as of
Feb 18, 2025
Transactions value $
$0
Form type
4
Date filed
2/19/2025, 05:59 PM
Previous filing
Feb 3, 2025
Next filing
Feb 25, 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 Rst. Stock Unit Award $0 +6.35K $0.00 6.35K Feb 18, 2025 Common Stock 6.35K $0.00 Direct F1
transaction IBM Emp. Stock Option (right to buy) Award $0 +25.4K $0.00 25.4K Feb 18, 2025 Common Stock 25.4K $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 1,586 of these units on February 18, 2026, 1,586 of these units on February 18, 2027, 1,586 of these units on February 18, 2028, and 1,587 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.