SEC Form 4 · accession 0001562180-16-001407
INTERNATIONAL BUSINESS MACHINES CORP · IBM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Virginia M Rometty
Officer — Chairman, Pres. and CEO · Director
Period of report
Jan 26, 2016
Accepted (ET)
Jan 28, 2016 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000051143
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Emp. Stock Option (right to buy)F1,F2 | $129.08 | Jan 26, 2016 | A | 375,000 | A | Jan 26, 2019 | Jan 25, 2026 | Common Stock | 375,000 | 375,000 | D |
| Emp. Stock Option (right to buy)F3,F2 | $135.22 | Jan 26, 2016 | A | 375,000 | A | Jan 26, 2019 | Jan 25, 2026 | Common Stock | 375,000 | 375,000 | D |
| Emp. Stock Option (right to buy)F4,F2 | $141.37 | Jan 26, 2016 | A | 375,000 | A | Jan 26, 2019 | Jan 25, 2026 | Common Stock | 375,000 | 375,000 | D |
| Emp. Stock Option (right to buy)F5,F2 | $153.66 | Jan 26, 2016 | A | 375,000 | A | Jan 26, 2019 | Jan 25, 2026 | Common Stock | 375,000 | 375,000 | D |
Explanation of responses
- F1The exercise price of these premium-priced options is equal to 105% of the average high and low prices of IBM common stock on the date of grant.
- F2These derivative securities vest in one installment on the date exercisable shown. All expire on the expiration date shown above.
- F3The exercise price of these premium-priced options is equal to 110% of the average high and low prices of IBM common stock on the date of grant.
- F4The exercise price of these premium-priced options is equal to 115% of the average high and low prices of IBM common stock on the date of grant.
- F5The exercise price of these premium-priced options is equal to 125% of the average high and low prices of IBM common stock on the date of grant.