SEC Form 4 · accession 0001562180-17-000041
INTERNATIONAL BUSINESS MACHINES CORP · IBM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Kavanaugh
Officer — Senior Vice President
Period of report
Dec 30, 2016
Accepted (ET)
Jan 3, 2017 · 12:05 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF1,F3 | $0.00 | Dec 30, 2016 | A | 5 | A | — | — | Common Stock | 5 | 4,868 | D |
| Phantom Stock UnitF1,F3 | $0.00 | Dec 30, 2016 | A | 75 | A | — | — | Common Stock | 75 | 4,943 | D |
Explanation of responses
- F1Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
- F2Acquisition of phantom stock units 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.