INTERNATIONAL BUSINESS MACHINES CORP 4
4 · INTERNATIONAL BUSINESS MACHINES CORP · Filed May 9, 2007
Insider Transaction Report
Form 4
HORN PAUL M
Senior Vice President
Transactions
- Tax Payment
Common Stock
2007-05-08$102.80/sh−986$101,361→ 28,252.35 total - Exercise/Conversion
Common Stock
2007-05-08+2,250→ 29,238.35 total - Exercise/Conversion
Rst. Stock Unit
2007-05-08−2,250→ 4,500 totalExercise: $0.00→ Common Stock (2,250 underlying) - Award
Phantom Stock Unit
2007-05-08+33→ 8,550 totalExercise: $0.00→ Common Stock (33 underlying)
Footnotes (5)
- [F1]These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.
- [F2]Release of restricted stock units.
- [F3]Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
- [F4]Acquisition of phantom stock units under the IBM Executive Deferred Compensation Plan.
- [F5]Distribution of phantom stock units under the IBM Executive Deferred Compensation Plan is deferred until separation from the company.