HORN PAUL M 4
4 · INTERNATIONAL BUSINESS MACHINES CORP · Filed Jun 18, 2007
Insider Transaction Report
Form 4
HORN PAUL M
Senior Vice President
Transactions
- Tax Payment
Common Stock
2007-06-17$104.53/sh−6,199$648,012→ 36,232.606 total - Award
Phantom Stock Unit
2007-06-15+5→ 8,562 total→ Common Stock (5 underlying) - Exercise/Conversion
Common Stock
2007-06-17+14,151→ 42,431.606 total - Exercise/Conversion
Rst. Stock Unit
2007-06-17−14,151→ 0 totalExercise: $0.00→ Common Stock (14,151 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.