SEC Form 4 · accession 0001562180-15-000990

INTERNATIONAL BUSINESS MACHINES CORP · IBM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Erich Clementi

Officer — Senior Vice President

Period of report

Nov 19, 2015

Accepted (ET)

Nov 20, 2015 · 5:31 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000051143

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Nov 19, 2015	S	100	$137.24	D	36,498	D
Common Stock	Nov 19, 2015	S	608	$137.25	D	35,890	D
Common Stock	Nov 19, 2015	S	1,400	$137.26	D	34,490	D
Common Stock	Nov 19, 2015	S	514	$137.27	D	33,976	D
Common Stock	Nov 19, 2015	S	9,518	$137.28	D	24,458	D
Common Stock	Nov 19, 2015	S	538	$137.29	D	23,920	D
Common Stock	Nov 19, 2015	S	305	$137.30	D	23,615	D
Common Stock	Nov 19, 2015	S	200	$137.31	D	23,415	D
Common Stock	Nov 19, 2015	S	961	$137.32	D	22,454	D
Common Stock	Nov 19, 2015	S	1,300	$137.33	D	21,154	D
Common Stock	Nov 19, 2015	S	100	$137.34	D	21,054	D
Common Stock	Nov 19, 2015	S	200	$137.35	D	20,854	D
Common Stock	Nov 19, 2015	S	656	$137.37	D	20,198	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Stock Unit^F1,F3	$0.00	Nov 19, 2015	I	16,848	A	—	—	Common Stock	16,848	16,848	D

Explanation of responses

F1Phantom stock units ("units") convert to the cash value of the company's common stock on a one-for-one basis.
F2Intra-plan transfer under the IBM Excess 401(k) Plus Plan.
F3Distribution of phantom stock units under the IBM Excess 401(k) Plus 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.

Remarks

The transactions reported above consist of a disposition of 16,400 shares of Common Stock and an intra-plan transfer under the IBM Excess 401(k) Plus Plan of 16,848 units into the IBM Stock Fund. This results in substantially the same IBM ownership interest as the officer had prior to these transactions.