SEC Form 4 · accession 0001562180-16-001545
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
Feb 5, 2016
Accepted (ET)
Feb 9, 2016 · 4:19 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 5, 2016 | M | 21,456 | $91.04 | A | 31,814 | D | |
| Common Stock | Feb 5, 2016 | S | 100 | $125.85 | D | 31,714 | D | |
| Common Stock | Feb 5, 2016 | S | 200 | $125.88 | D | 31,514 | D | |
| Common Stock | Feb 5, 2016 | S | 300 | $125.885 | D | 31,214 | D | |
| Common Stock | Feb 5, 2016 | S | 300 | $125.90 | D | 30,914 | D | |
| Common Stock | Feb 5, 2016 | S | 400 | $125.91 | D | 30,514 | D | |
| Common Stock | Feb 5, 2016 | S | 900 | $125.92 | D | 29,614 | D | |
| Common Stock | Feb 5, 2016 | S | 150 | $125.93 | D | 29,464 | D | |
| Common Stock | Feb 5, 2016 | S | 400 | $125.94 | D | 29,064 | D | |
| Common Stock | Feb 5, 2016 | S | 300 | $125.95 | D | 28,764 | D | |
| Common Stock | Feb 5, 2016 | S | 300 | $125.98 | D | 28,464 | D | |
| Common Stock | Feb 5, 2016 | S | 100 | $125.99 | D | 28,364 | D | |
| Common Stock | Feb 5, 2016 | S | 2,625 | $126.00 | D | 25,739 | D | |
| Common Stock | Feb 5, 2016 | S | 800 | $126.01 | D | 24,939 | D | |
| Common Stock | Feb 5, 2016 | S | 400 | $126.03 | D | 24,539 | D | |
| Common Stock | Feb 5, 2016 | S | 800 | $126.04 | D | 23,739 | D | |
| Common Stock | Feb 5, 2016 | S | 300 | $126.045 | D | 23,439 | D | |
| Common Stock | Feb 5, 2016 | S | 600 | $126.05 | D | 22,839 | D | |
| Common Stock | Feb 5, 2016 | S | 100 | $126.07 | D | 22,739 | D | |
| Common Stock | Feb 5, 2016 | S | 800 | $126.08 | D | 21,939 | D | |
| Common StockF1 | Feb 5, 2016 | G | 3,254 | $0.00 | D | 176,265 | I | trust |
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)F2 | $91.04 | Feb 5, 2016 | M | 21,456 | D | May 8, 2010 | May 7, 2016 | Common Stock | 21,456 | 0 | D |
| Phantom Stock UnitF3,F5 | $0.00 | Feb 8, 2016 | A | 162 | A | — | — | Common Stock | 162 | 15,958 | D |
Explanation of responses
- F1The reporting person disclaims beneficial ownership of the securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F2This grant vested in four equal annual installments; the last installment vested on the date shown above.
- F3Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
- F4Acquisition of phantom stock units under the IBM Excess 401(k) Plus Plan.
- F5Distribution 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 account under such plan.
Remarks
Additional transactions will be shown on a subsequent Form 4.