BROWDY MICHELLE H

SEC source: 0001562180-24-004966 · primarydocument.xml · derivative · entry 6

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,973

Underlying: Common Stock · 2,972 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · security: On 06/08/21, the reporting person was granted 11,508 RSUs, 2,877 of which vested on 06/08/22, 2,877 of which vested on 06/08/23, 2,877 of which vested on 06/08/24, and 2,877 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.

F2 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · kind: Release of restricted stock units.

F2 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F2 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F4 · balance_after: On 06/08/21, the reporting person was granted 11,508 RSUs, 2,877 of which vested on 06/08/22, 2,877 of which vested on 06/08/23, 2,877 of which vested on 06/08/24, and 2,877 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.

SEC source: 0001562180-24-004966 · primarydocument.xml · derivative · entry 5

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,231 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: On 06/08/20, the reporting person was granted 12,502 RSUs, 3,125 of which vested on 06/08/21, 3,125 of which vested on 06/08/22, 3,125 of which vested on 06/08/23, and 3,127 of which vested 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.

F2 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · kind: Release of restricted stock units.

F2 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F2 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F1 · balance_after: On 06/08/20, the reporting person was granted 12,502 RSUs, 3,125 of which vested on 06/08/21, 3,125 of which vested on 06/08/22, 3,125 of which vested on 06/08/23, and 3,127 of which vested 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.

SEC source: 0001562180-24-004966 · primarydocument.xml · nonDerivative · entry 4

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 124,562.322

SEC source: 0001562180-24-004966 · primarydocument.xml · nonDerivative · entry 3

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 126,080.322

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001562180-24-004966 · primarydocument.xml · nonDerivative · entry 2

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 123,108.322

SEC source: 0001562180-24-004966 · primarydocument.xml · nonDerivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 124,759.322

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001562180-24-003954 · primarydocument.xml · derivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,756

Underlying: Common Stock · 48 shares

Expires not disclosed

F1 · derivative.exercise_price: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F2 · kind: Acquisition of phantom stock units under the IBM Excess Savings Plan.

F3 · derivative.exercise_date: Distribution of phantom stock units under the IBM Excess Savings 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.

F3 · derivative.expiration_date: Distribution of phantom stock units under the IBM Excess Savings 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.

SEC source: 0001562180-24-001701 · primarydocument.xml · derivative · entry 8

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,808

Underlying: Common Stock · 2,269 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F4 · kind: Release of restricted stock units.

F3 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

SEC source: 0001562180-24-001701 · primarydocument.xml · derivative · entry 7

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,757

Underlying: Common Stock · 1,877 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F4 · kind: Release of restricted stock units.

F3 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

SEC source: 0001562180-24-001701 · primarydocument.xml · derivative · entry 6

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,365

Underlying: Common Stock · 35,365 shares

Expires 2034-02-20

F2 · derivative.exercise_date: These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown. All expire on the expiration date shown above.

F2 · derivative.expiration_date: These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown. All expire on the expiration date shown above.

SEC source: 0001562180-24-001701 · primarydocument.xml · derivative · entry 5

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,073

Underlying: Common Stock · 7,073 shares

Expires not disclosed

F1 · derivative.exercise_price: Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 1,768 of these units on February 21, 2025, 1,768 of these units on February 21, 2026, 1,768 of these units on February 21, 2027, and 1,769 of these units on February 21, 2028.

F1 · kind: Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 1,768 of these units on February 21, 2025, 1,768 of these units on February 21, 2026, 1,768 of these units on February 21, 2027, and 1,769 of these units on February 21, 2028.

F1 · derivative.exercise_date: Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 1,768 of these units on February 21, 2025, 1,768 of these units on February 21, 2026, 1,768 of these units on February 21, 2027, and 1,769 of these units on February 21, 2028.

F1 · derivative.expiration_date: Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 1,768 of these units on February 21, 2025, 1,768 of these units on February 21, 2026, 1,768 of these units on February 21, 2027, and 1,769 of these units on February 21, 2028.

SEC source: 0001562180-24-001701 · primarydocument.xml · nonDerivative · entry 4

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 121,526.421

SEC source: 0001562180-24-001701 · primarydocument.xml · nonDerivative · entry 3

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 122,685.421

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001562180-24-001701 · primarydocument.xml · nonDerivative · entry 2

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 120,416.421

SEC source: 0001562180-24-001701 · primarydocument.xml · nonDerivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 121,375.421

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001562180-24-001262 · primarydocument.xml · derivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,710

Underlying: Common Stock · 42 shares

Expires not disclosed

F1 · derivative.exercise_price: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F2 · kind: Acquisition of phantom stock units under the IBM Excess Savings Plan (formerly known as the IBM Excess 401(k) Plus Plan).

F3 · derivative.exercise_date: Distribution of phantom stock units under the IBM Excess Savings Plan (formerly known as 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.

F3 · derivative.expiration_date: Distribution of phantom stock units under the IBM Excess Savings Plan (formerly known as 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.

SEC source: 0001562180-24-001061 · primarydocument.xml · nonDerivative · entry 3

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 119,498.421

F2 · price: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $184.82 to $184.85, inclusive.

SEC source: 0001562180-24-001061 · primarydocument.xml · nonDerivative · entry 2

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 129,298.421

SEC source: 0001562180-24-001061 · primarydocument.xml · nonDerivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 137,990.421

F1 · kind: These shares result from performance share units which vested at the end of the performance period (2021-2023) and were payable in cash or the company's common stock on the transaction date shown.

SEC source: 0001562180-23-007626 · primarydocument.xml · derivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,673

Underlying: Common Stock · 53 shares

Expires not disclosed

F1 · derivative.exercise_price: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F2 · kind: Acquisition of phantom stock units under the IBM Excess 401(k) Plus Plan.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

SEC source: 0001562180-23-006279 · primarydocument.xml · derivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,623

Underlying: Common Stock · 54 shares

Expires not disclosed

F1 · derivative.exercise_price: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F2 · kind: Acquisition of phantom stock units under the IBM Excess 401(k) Plus Plan.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

SEC source: 0001562180-23-005033 · primarydocument.xml · derivative · entry 9

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,945

Underlying: Common Stock · 2,973 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · security: On 06/08/21, the reporting person was granted 11,508 RSUs, 2,877 of which vested on 06/08/22, 2,877 of which vested on 06/08/23, 2,877 of which will vest on 06/08/24, and 2,877 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.

F2 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · kind: Release of restricted stock units.

F2 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F2 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F5 · balance_after: On 06/08/21, the reporting person was granted 11,508 RSUs, 2,877 of which vested on 06/08/22, 2,877 of which vested on 06/08/23, 2,877 of which will vest on 06/08/24, and 2,877 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.

SEC source: 0001562180-23-005033 · primarydocument.xml · derivative · entry 8

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,231

Underlying: Common Stock · 3,229 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · security: On 06/08/20, the reporting person was granted 12,502 RSUs, 3,125 of which vested on 06/08/21, 3,125 of which vested on 06/08/22, 3,125 of which vested on 06/08/23, and 3,127 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.

F2 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · kind: Release of restricted stock units.

F2 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F2 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F4 · balance_after: On 06/08/20, the reporting person was granted 12,502 RSUs, 3,125 of which vested on 06/08/21, 3,125 of which vested on 06/08/22, 3,125 of which vested on 06/08/23, and 3,127 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.

SEC source: 0001562180-23-005033 · primarydocument.xml · nonDerivative · entry 6

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 119,435.162

SEC source: 0001562180-23-005033 · primarydocument.xml · nonDerivative · entry 5

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 120,954.162

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001562180-23-005033 · primarydocument.xml · nonDerivative · entry 4

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 117,981.162

SEC source: 0001562180-23-005033 · primarydocument.xml · nonDerivative · entry 3

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 119,631.162

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001562180-23-005033 · primarydocument.xml · derivative · entry 7

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 2,884 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: On 06/07/19, the reporting person was granted 11,155 RSUs, 2,788 of which vested on 06/07/20, 2,788 of which vested on 06/07/21, 2,788 of which vested on 06/07/22, and 2,791 of which vested on 06/07/23. 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.

F2 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · kind: Release of restricted stock units.

F2 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F2 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F1 · balance_after: On 06/07/19, the reporting person was granted 11,155 RSUs, 2,788 of which vested on 06/07/20, 2,788 of which vested on 06/07/21, 2,788 of which vested on 06/07/22, and 2,791 of which vested on 06/07/23. 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.

SEC source: 0001562180-23-005033 · primarydocument.xml · nonDerivative · entry 2

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 116,402.162

SEC source: 0001562180-23-005033 · primarydocument.xml · nonDerivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 117,875.162

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001562180-23-004071 · primarydocument.xml · derivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,578

Underlying: Common Stock · 62 shares

Expires not disclosed

F1 · derivative.exercise_price: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F2 · kind: Acquisition of phantom stock units under the IBM Excess 401(k) Plus Plan.

F3 · derivative.exercise_date: 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 account under such plan.

F3 · derivative.expiration_date: 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 account under such plan.

SEC source: 0001562180-23-001770 · primarydocument.xml · derivative · entry 5

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,634

Underlying: Common Stock · 1,877 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F4 · kind: Release of restricted stock units.

F3 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

SEC source: 0001562180-23-001770 · primarydocument.xml · derivative · entry 4

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,448

Underlying: Common Stock · 54,448 shares

Expires 2033-02-20

F2 · derivative.exercise_date: These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown. All expire on the expiration date shown above.

F2 · derivative.expiration_date: These derivative securities vest in four equal annual installments, the first vesting being on the date exercisable shown. All expire on the expiration date shown above.

SEC source: 0001562180-23-001770 · primarydocument.xml · derivative · entry 3

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,077

Underlying: Common Stock · 9,077 shares

Expires not disclosed

F1 · derivative.exercise_price: Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 2,269 of these units on February 21, 2024, 2,269 of these units on February 21, 2025, 2,269 of these units on February 21, 2026, and 2,270 of these units on February 21, 2027.

F1 · kind: Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 2,269 of these units on February 21, 2024, 2,269 of these units on February 21, 2025, 2,269 of these units on February 21, 2026, and 2,270 of these units on February 21, 2027.

F1 · derivative.exercise_date: Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 2,269 of these units on February 21, 2024, 2,269 of these units on February 21, 2025, 2,269 of these units on February 21, 2026, and 2,270 of these units on February 21, 2027.

F1 · derivative.expiration_date: Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 2,269 of these units on February 21, 2024, 2,269 of these units on February 21, 2025, 2,269 of these units on February 21, 2026, and 2,270 of these units on February 21, 2027.

SEC source: 0001562180-23-001770 · primarydocument.xml · nonDerivative · entry 2

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,541.746

SEC source: 0001562180-23-001770 · primarydocument.xml · nonDerivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 114,500.746

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001562180-23-001339 · primarydocument.xml · derivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,512

Underlying: Common Stock · 55 shares

Expires not disclosed

F1 · derivative.exercise_price: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F2 · kind: Acquisition of phantom stock units under the IBM Excess 401(k) Plus Plan.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

SEC source: 0001562180-23-000957 · primarydocument.xml · nonDerivative · entry 2

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 112,623.746

SEC source: 0001562180-23-000957 · primarydocument.xml · nonDerivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,504.746

F1 · kind: These shares result from performance share units which vested at the end of the performance period (2020-2022) and were payable in cash or the company's common stock on the transaction date shown.

SEC source: 0001562180-22-007628 · primarydocument.xml · derivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,460

Underlying: Common Stock · 53 shares

Expires not disclosed

F1 · derivative.exercise_price: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F2 · kind: Acquisition of phantom stock units under the IBM Excess 401(k) Plus Plan.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

SEC source: 0001562180-22-006013 · primarydocument.xml · derivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,407

Underlying: Common Stock · 56 shares

Expires not disclosed

F1 · derivative.exercise_price: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F2 · kind: Acquisition of phantom stock units under the IBM Excess 401(k) Plus Plan.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

SEC source: 0001562180-22-005033 · primarydocument.xml · derivative · entry 9

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,918

Underlying: Common Stock · 2,972 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · security: On 06/08/21, the reporting person was granted 11,508 RSUs, 2,877 of which vested on 06/08/22, 2,877 of which will vest on 06/08/23, 2,877 of which will vest on 06/08/24, and 2,877 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.

F2 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · kind: Release of restricted stock units.

F2 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F2 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F5 · balance_after: On 06/08/21, the reporting person was granted 11,508 RSUs, 2,877 of which vested on 06/08/22, 2,877 of which will vest on 06/08/23, 2,877 of which will vest on 06/08/24, and 2,877 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.

SEC source: 0001562180-22-005033 · primarydocument.xml · derivative · entry 8

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,460

Underlying: Common Stock · 3,228 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · security: On 06/08/20, the reporting person was granted 12,502 RSUs, 3,125 of which vested on 06/08/21, 3,125 of which vested on 06/08/22, 3,125 of which will vest on 06/08/23, and 3,127 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.

F2 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · kind: Release of restricted stock units.

F2 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F2 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F4 · balance_after: On 06/08/20, the reporting person was granted 12,502 RSUs, 3,125 of which vested on 06/08/21, 3,125 of which vested on 06/08/22, 3,125 of which will vest on 06/08/23, and 3,127 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.

SEC source: 0001562180-22-005033 · primarydocument.xml · derivative · entry 7

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 2,148 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: On 06/08/18, the reporting person was granted 8,313 RSUs, 2,078 of which vested on 06/08/19, 2,078 of which vested on 06/08/20, 2,078 of which vested on 06/08/21, and 2,079 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.

F2 · derivative.exercise_price: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F3 · kind: Release of restricted stock units.

F2 · derivative.exercise_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F2 · derivative.expiration_date: These units were payable in cash or the company's common stock upon the lapse of the restrictions on the transaction date shown.

F1 · balance_after: On 06/08/18, the reporting person was granted 8,313 RSUs, 2,078 of which vested on 06/08/19, 2,078 of which vested on 06/08/20, 2,078 of which vested on 06/08/21, and 2,079 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.

SEC source: 0001562180-22-005033 · primarydocument.xml · nonDerivative · entry 6

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,354.806

SEC source: 0001562180-22-005033 · primarydocument.xml · nonDerivative · entry 5

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 101,872.806

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001562180-22-005033 · primarydocument.xml · nonDerivative · entry 4

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 98,900.806

SEC source: 0001562180-22-005033 · primarydocument.xml · nonDerivative · entry 3

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,549.806

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001562180-22-005033 · primarydocument.xml · nonDerivative · entry 2

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 97,321.806

SEC source: 0001562180-22-005033 · primarydocument.xml · nonDerivative · entry 1

BROWDY MICHELLE H · CIK 0001628938 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 98,419.806

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.