SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Fehring Nicolas A.

(Last)

(First)

(Middle)

IBM CORPORATION

ONE NEW ORCHARD ROAD

(Street)

ARMONK

10504

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/30/2023

3. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL BUSINESS MACHINES CORP [ IBM ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP, Controller

5. If Amendment, Date of Original Filed (Month/Day/Year)

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,061.434	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Emp. Stock Option (right to buy)	02/21/2023⁽¹⁾	02/20/2032⁽¹⁾	Common Stock	7,359	$124.51	D
Rst. Stock Unit	⁽²⁾	⁽²⁾	Common Stock	2,848	$0.00	D
Rst. Stock Unit	⁽³⁾	⁽³⁾	Common Stock	386	$0.00	D
Rst. Stock Unit	⁽⁴⁾	⁽⁴⁾	Common Stock	1,051	$0.00	D
Rst. Stock Unit	⁽⁵⁾	⁽⁵⁾	Common Stock	1,545	$0.00	D
Rst. Stock Unit	⁽⁶⁾	⁽⁶⁾	Common Stock	5,484	$0.00	D
Rst. Stock Unit	⁽⁷⁾	⁽⁷⁾	Common Stock	1,578	$0.00	D

Explanation of Responses:

1. 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.

2. Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 2,848 of these units on June 3, 2023.

3. Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 386 of these units on June 7, 2023.

4. Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 524 of these units on June 8, 2023 and for 527 of these units on June 8, 2024.

5. Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 514 of these units on June 8, 2023, for 514 of these units on June 8, 2024, and for 517 of these units on June 8, 2025.

6. Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 2,742 of these units on September 1, 2024, and for 2,742 of these units on September 1, 2025.

7. Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 394 of these units on February 21, 2023, for 394 of these units on February 21, 2024, for 394 of these units on February 21, 2025, and for 396 of these units on February 21, 2026.

Remarks:

	D. Glowienka on behalf of N. A. Fehring	02/01/2023
	** 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 5 (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.
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