SEC Form 4 · accession 0001562180-17-002245
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, 2017
Accepted (ET)
Jun 9, 2017 · 7:12 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, 2017 | M | 344 | $0.00 | A | 21,870 | D | |
| Common Stock | Jun 7, 2017 | F | 128 | $152.485 | D | 21,742 | D | |
| Common Stock | Jun 8, 2017 | M | 1,991 | $0.00 | A | 23,733 | D | |
| Common Stock | Jun 8, 2017 | F | 983 | $151.865 | D | 22,750 | 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 8, 2017 | A | 7,000 | A | — | — | Common Stock | 7,000 | 7,000 | D |
| Rst. Stock UnitF2 | $0.00 | Jun 7, 2017 | M | 344 | D | — | — | Common Stock | 344 | 0 | D |
| Rst. Stock UnitF2 | $0.00 | Jun 8, 2017 | M | 1,991 | D | — | — | Common Stock | 1,991 | 5,975 | D |
Explanation of responses
- F1Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 1,750 of these units on 06/08/2018, 1,750 of these units on 06/08/2019, 1,750 of these units on 06/08/2020, and 1,750 of these units on 06/08/2021.
- 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.