KERN R. FRANKLIN III 4

4 · INTERNATIONAL BUSINESS MACHINES CORP · Filed May 10, 2011

Form 4

Period: 2011-05-06

Senior Vice President

Transactions

Exercise/Conversion
Common Stock
2011-05-08+2,243→ 3,198 total
Tax Payment
Common Stock
2011-05-08$169.21/sh−1,183$200,175→ 3,639 total
Exercise/Conversion
Rst. Stock Unit
2011-05-08−2,632→ 0 total
Exercise: $0.00→ Common Stock (2,632 underlying)
Award
Phantom Stock Unit
2011-05-06+20→ 4,459 total
Exercise: $0.00→ Common Stock (20 underlying)
Exercise/Conversion
Rst. Stock Unit
2011-05-08−2,243→ 0 total
Exercise: $0.00→ Common Stock (2,243 underlying)
Exercise/Conversion
Common Stock
2011-05-08+2,632→ 5,830 total
Tax Payment
Common Stock
2011-05-08$169.21/sh−1,008$170,564→ 4,822 total

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 Excess 401(k) Plus Plan.
[F5]Distribution 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.

Documents

1 file