INTERNATIONAL BUSINESS MACHINES CORP 4
4 · INTERNATIONAL BUSINESS MACHINES CORP · Filed Jul 2, 2007
Insider Transaction Report
Form 4
HORN PAUL M
Senior Vice President
Transactions
- Award
Phantom Stock Unit
2007-06-29+5→ 8,567 totalExercise: $0.00→ Common Stock (5 underlying)
Footnotes (3)
- [F1]Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
- [F2]Acquisition of phantom stock units under the IBM Executive Deferred Compensation Plan.
- [F3]Distribution of phantom stock units under the IBM Executive Deferred Compensation Plan is deferred until separation from the company.