SEC Form 4 · accession 0001562180-17-001387
INTERNATIONAL BUSINESS MACHINES CORP · IBM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth M Keverian
Officer — Senior Vice President
Period of report
Mar 31, 2017
Accepted (ET)
Apr 3, 2017 · 4:01 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 | Apr 1, 2017 | M | 5,556 | $0.00 | A | 18,533 | D | |
| Common Stock | Apr 1, 2017 | F | 2,866 | $174.33 | D | 15,667 | D | |
| Common StockF1 | holding | — | — | — | 100 | I | spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rst. Stock UnitF2 | $0.00 | Apr 1, 2017 | M | 5,556 | D | — | — | Common Stock | 5,556 | 0 | D |
| Phantom StockF4,F6 | $0.00 | Mar 31, 2017 | A | 5 | A | — | — | Common Stock | 5 | 6,819 | 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.
- F2These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.
- F3Release of restricted stock units.
- F4Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
- F5Acquisition of phantom stock units under the IBM Excess 401(k) Plus Plan.
- F6Distribution 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.