Gherson Diane J 4
4 · INTERNATIONAL BUSINESS MACHINES CORP · Filed Aug 11, 2020
Insider Transaction Report
Form 4
Gherson Diane J
Senior Vice President
Transactions
- Sale
Common Stock
2020-08-10$127.00/sh−1,215$154,305→ 30,596.797 total - Sale
Common Stock
2020-08-11$128.76/sh−1,895$244,000→ 28,701.797 total - Award
Phantom Stock Unit
2020-08-07+46→ 3,562 totalExercise: $0.00→ Common Stock (46 underlying) - Sale
Common Stock
2020-08-11$129.50/sh−2,714$351,463→ 25,987.797 total
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.