INTERNATIONAL BUSINESS MACHINES CORP 4
4 · INTERNATIONAL BUSINESS MACHINES CORP · Filed May 9, 2016
Insider Transaction Report
Form 4
LeBlanc Robert J.
Senior Vice President
Transactions
- Award
Phantom Stock Unit
2016-05-06+135→ 14,307 totalExercise: $0.00→ Common Stock (135 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 Excess 401(k) Plus Plan.
- [F3]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.