INTERNATIONAL BUSINESS MACHINES CORP 4
4 · INTERNATIONAL BUSINESS MACHINES CORP · Filed Jul 1, 2016
Insider Transaction Report
Form 4
SPERO JOAN E
Director
Transactions
- Award
Promised Fee Share
2016-06-30$151.78/sh+495$75,131→ 22,282 totalExercise: $0.00→ Common Stock (495 underlying)
Footnotes (3)
- [F1]Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan are paid out after retirement in the company's common stock or cash.
- [F2]Deferral of fees into Promised Fee Shares under the terms of the IBM Board of Directors Deferred Compensation and Equity Award Plan.
- [F3]Distribution of Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan is deferred until retirement.