SEC Form 4 · accession 0001562180-16-002598
INTERNATIONAL BUSINESS MACHINES CORP · IBM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle H Browdy
Officer — Senior Vice President
Period of report
Jun 7, 2016
Accepted (ET)
Jun 9, 2016 · 8:18 pm EDT
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 | Jun 7, 2016 | M | 342 | $0.00 | A | 20,008 | D | |
| Common Stock | Jun 7, 2016 | F | 127 | $153.305 | D | 19,881 | D | |
| Common Stock | Jun 8, 2016 | M | 361 | $0.00 | A | 20,242 | D | |
| Common Stock | Jun 8, 2016 | F | 134 | $153.57 | D | 20,108 | 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 UnitF1 | $0.00 | Jun 7, 2016 | M | 342 | D | — | — | Common Stock | 342 | 344 | D |
| Rst. Stock UnitF1 | $0.00 | Jun 8, 2016 | M | 361 | D | — | — | Common Stock | 361 | 0 | D |
| Rst. Stock UnitF3 | $0.00 | Jun 8, 2016 | A | 7,966 | A | — | — | Common Stock | 7,966 | 7,966 | D |
Explanation of responses
- F1These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.
- F2Release of restricted stock units.
- F3Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 1,991 of these units on 06/08/2017, 1,991 of these units on 06/08/2018, 1,991 of these units on 06/08/2019, and 1,993 of these units on 06/08/2020.