SEC Form 4 · accession 0001562180-18-004469
INTERNATIONAL BUSINESS MACHINES CORP · IBM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert F Del Bene
Officer — VP, Controller
Period of report
Nov 8, 2018
Accepted (ET)
Nov 9, 2018 · 4:03 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 | Sep 5, 2018 | G | 1,141 | $0.00 | D | 11,000 | D | |
| Common Stock | Sep 7, 2018 | G | 3,337 | $0.00 | D | 7,663 | D | |
| Common StockF1 | Sep 14, 2018 | G | 1,482 | $0.00 | D | 6,181 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF2,F4 | $0.00 | Nov 8, 2018 | A | 70 | A | — | — | Common Stock | 70 | 5,551 | D |
Explanation of responses
- F1Previous Form 4s filed on June 4, 2018, June 12, 2018, and July 2, 2018 understated this amount by 13.396 shares.
- F2Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
- F3Acquisition of phantom stock units under the IBM Excess 401(k) Plus Plan.
- F4Distribution 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.