Clementi Erich 4
4 · INTERNATIONAL BUSINESS MACHINES CORP · Filed Feb 8, 2019
Insider Transaction Report
Form 4
Clementi Erich
Senior Vice President
Transactions
- Award
Phantom Stock Unit
2019-02-07+223→ 19,139 totalExercise: $0.00→ Common Stock (223 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.