FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * KAVANAUGH JAMES J 2. Issuer Name and Ticker or Trading Symbol INTERNATIONAL BUSINESS MACHINES CORP [ IBM ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Sr. VP and CFO
(Last)          (First)          (Middle)
IBM CORPORATION, ONE NEW ORCHARD ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)
6/8/2022
(Street)
ARMONK, NY 10504
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock  6/8/2022    M    2968.00  A $0.00  108992.2102  D   
Common Stock  6/8/2022    F    1488.00  D $141.28  107504.2102  D   
Common Stock  6/8/2022    M    5687.00  A $0.00  113191.2102  D   
Common Stock  6/8/2022    F    2851.00  D $141.28  110340.2102  D   
Common Stock  6/8/2022    M    5162.00  A $0.00  115502.2102  D   
Common Stock  6/8/2022    F    2587.00  D $141.28  112915.2102  D   

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Rst. Stock Unit (1) $0.00 (2) 6/8/2022    M (3)       2968.00    (2)  (2) Common Stock  2968.00  $0.00  0.00 (1) D   
Rst. Stock Unit (4) $0.00 (2) 6/8/2022    M (3)       5687.00    (2)  (2) Common Stock  5687.00  $0.00  11376.00 (4) D   
Rst. Stock Unit (5) $0.00 (2) 6/8/2022    M (3)       5162.00    (2)  (2) Common Stock  5162.00  $0.00  15489.00 (5) D   

Explanation of Responses:
(1)  On 06/08/18, the reporting person was granted 11,485 RSUs, 2,871 of which vested on 06/08/19, 2,871 of which vested on 06/08/20, 2,871 of which vested on 06/08/21, and 2,872 of which vested on 06/08/22. In connection with the spin-off of Kyndryl Holdings, Inc. on November 3, 2021, unvested Issuer restricted stock units were adjusted to reflect additional restricted stock units, which additional restricted stock units are included in the figures above.
(2)  These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.
(3)  Release of restricted stock units.
(4)  On 06/08/20, the reporting person was granted 22,020 RSUs, 5,505 of which vested on 06/08/21, 5,505 of which vested on 06/08/22, 5,505 of which will vest on 06/08/23, and 5,505 of which will vest on 06/08/24. In connection with the spin-off of Kyndryl Holdings, Inc. on November 3, 2021, unvested Issuer restricted stock units were adjusted to reflect additional restricted stock units, which additional restricted stock units are included in the figures above.
(5)  On 06/08/21, the reporting person was granted 19,988 RSUs, 4,997 of which vested on 06/08/22, 4,997 of which will vest on 06/08/23, 4,997 of which will vest on 06/08/24, and 4,997 of which will vest on 06/08/25. In connection with the spin-off of Kyndryl Holdings, Inc. on November 3, 2021, unvested Issuer restricted stock units were adjusted to reflect additional restricted stock units, which additional restricted stock units are included in the figures above.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
KAVANAUGH JAMES J
IBM CORPORATION
ONE NEW ORCHARD ROAD
ARMONK, NY 10504


Sr. VP and CFO

Signatures
D. Glowienka on behalf of J. J. Kavanaugh 6/10/2022
**Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Grafico Azioni International Business M... (NYSE:IBM)
Storico
Da Ago 2022 a Set 2022 Clicca qui per i Grafici di International Business M...
Grafico Azioni International Business M... (NYSE:IBM)
Storico
Da Set 2021 a Set 2022 Clicca qui per i Grafici di International Business M...