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
                                                                                  
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OMB Number: 3235-0287
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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 * Del Bene Robert F 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)
VP, Controller
(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    971.00  A $0.00  16673.319  D   
Common Stock  6/8/2022    F    538.00  D $141.28  16135.319  D   
Common Stock  6/8/2022    M    1676.00  A $0.00  17811.319  D   
Common Stock  6/8/2022    F    928.00  D $141.28  16883.319  D   
Common Stock  6/8/2022    M    1429.00  A $0.00  18312.319  D   
Common Stock  6/8/2022    F    791.00  D $141.28  17521.319  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  $0.00 (1) 6/8/2022    A (1)    1202.00       (1)  (1) Common Stock  1202.00  $0.00  1202.00  D   
Rst. Stock Unit (2) $0.00 (3) 6/8/2022    M (4)       971.00    (3)  (3) Common Stock  971.00  $0.00  0.00 (2) D   
Rst. Stock Unit (5) $0.00 (3) 6/8/2022    M (4)       1676.00    (3)  (3) Common Stock  1676.00  $0.00  3358.00 (5) D   
Rst. Stock Unit (6) $0.00 (3) 6/8/2022    M (4)       1429.00    (3)  (3) Common Stock  1429.00  $0.00  4293.00 (6) D   

Explanation of Responses:
(1)  This grant provides the remaining units that were approved by the Compensation Committee for Mr. Del Bene's 2022 Restricted Stock Unit award. These units were intended to be included with Mr. Del Bene's February 21, 2022 Restricted Stock Unit grant, but were not previously granted due to an administrative oversight. Upon lapse of the restrictions, these units are payable in cash or in the Company's common stock. The restrictions lapse for 300 of these units on 02/21/23, 300 of these units on 02/21/24, 300 of these units on 02/21/25 and 302 of these units on 02/21/26.
(2)  On 06/08/18, the reporting person was granted 3,750 RSUs, 937 of which vested on 06/08/19, 937 of which vested on 06/08/20, 937 of which vested on 06/08/21, and 939 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.
(3)  These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.
(4)  Release of restricted stock units.
(5)  On 06/08/20, the reporting person was granted 6,495 RSUs, 1,623 of which vested on 06/08/21, 1,623 of which vested on 06/08/22, 1,623 of which will vest on 06/08/23, and 1,626 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.
(6)  On 06/08/21, the reporting person was granted 5,538 RSUs, 1,384 of which vested on 06/08/22, 1,384 of which will vest on 06/08/23, 1,384 of which will vest on 06/08/24, and 1,386 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
Del Bene Robert F
IBM CORPORATION
ONE NEW ORCHARD ROAD
ARMONK, NY 10504


VP, Controller

Signatures
D. Glowienka on behalf of R. F. Del Bene 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.
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