BROWDY MICHELLE H 4
4 · INTERNATIONAL BUSINESS MACHINES CORP · Filed Nov 13, 2023
Insider Transaction Report
Form 4
BROWDY MICHELLE H
Senior Vice President
Transactions
- Award
Phantom Stock Unit
2023-11-09+53→ 4,673 totalExercise: $0.00→ Common Stock (53 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.