SEC Form 4 · accession 0001562180-16-001457
INTERNATIONAL BUSINESS MACHINES CORP · IBM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanley J Sutula III
Officer — VP, Controller
Period of report
Feb 1, 2016
Accepted (ET)
Feb 2, 2016 · 6:08 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 1, 2016 | A | 599 | $0.00 | A | 2,166 | D | |
| Common StockF2 | Feb 1, 2016 | F | 253 | $124.49 | D | 1,913 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rst. Stock UnitF3 | $0.00 | Feb 1, 2016 | A | 7,143 | A | — | — | Common Stock | 7,143 | 7,143 | D |
Explanation of responses
- F1These shares result from performance share units which vested at the end of the performance period (2013-2015) and were payable in cash or the company's common stock on the transaction date shown.
- F2Previous Form 4s filed on June 9, and June 10, 2015 understated this amount by 87.266 shares.
- F3These units (retention restricted stock units) are payable in cash or the company's common stock upon lapse of the restrictions. The restrictions lapse for 3,571 of these units on 02/01/2018, and the restrictions lapse for the remaining 3,572 of these units on 02/01/2020.