-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AKt+XOElzWxivpdQ/1ZwUiv1+/QNPEOeYiMPD8/6xQDyprshOigj9IhuY+wZZ/43 XeAjqmL3wpUDuWZh98y60Q== 0001104659-10-003847.txt : 20100129 0001104659-10-003847.hdr.sgml : 20100129 20100129123950 ACCESSION NUMBER: 0001104659-10-003847 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100126 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20100129 DATE AS OF CHANGE: 20100129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL BUSINESS MACHINES CORP CENTRAL INDEX KEY: 0000051143 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER & OFFICE EQUIPMENT [3570] IRS NUMBER: 130871985 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02360 FILM NUMBER: 10556649 BUSINESS ADDRESS: STREET 1: 1 NEW ORCHARD ROAD CITY: ARMONK STATE: NY ZIP: 10504 BUSINESS PHONE: 9144991900 MAIL ADDRESS: STREET 1: 1 NEW ORCHARD RD CITY: ARMONK STATE: NY ZIP: 10504 8-K 1 a10-2611_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report: January 26, 2010

(Date of earliest event reported)

 

INTERNATIONAL BUSINESS MACHINES
CORPORATION

(Exact name of registrant as specified in its charter)

 

New York

 

1-2360

 

13-0871985

(State of Incorporation)

 

(Commission File Number)

 

(IRS employer Identification No.)

 

 

 

 

 

ARMONK, NEW YORK

 

10504

(Address of principal executive offices)

 

(Zip Code)

 

914-499-1900

(Registrant’s telephone number)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

Item 5.02(e) (Compensatory Arrangements of Certain Officers)

 

The following are compensation arrangements for the Company’s named executive officers identified in the 2009 Proxy Statement.  Information regarding the structure of compensation programs and awards will be included in the Company’s 2010 Proxy Statement.

 

 

 

2009 Annual
Incentive
Payout

 

2010 Cash(1)

 

2010 Long-Term
Incentive Award

 

 

 

 

Salary Rate

 

Annual Incentive
Target

 

Performance Share
Units(2)

 

S. J. Palmisano

 

$

4,750,000

 

$

1,800,000

 

$

5,000,000

 

$

14,000,000

 

M. Loughridge

 

$

975,000

 

$

720,000

 

$

975,000

 

$

3,750,000

 

M. E. Daniels

 

$

792,000

 

$

665,000

 

$

900,000

 

$

3,750,000

 

S. A. Mills

 

$

846,000

 

$

695,000

 

$

940,000

 

$

3,250,000

 

V.M. Rometty

 

$

680,000

 

$

630,000

 

$

850,000

 

$

3,750,000

 

 

(1)  The 2010 salary rates and annual incentive targets are unchanged since 2008.

(2)  Performance share units will be granted on June 8, 2010.  The actual number of units granted on this date will be determined by dividing the value shown above by a predetermined, formulaic Planning Price for the second quarter 2010.

 

IBM’s web site (www.ibm.com) contains a significant amount of information about IBM, including financial and other information for investors (www.ibm.com/investor/).  IBM encourages investors to visit its various web sites from time to time, as information is updated and new information is posted.

 

2


 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

 

Date: January 29, 2010

 

 

 

 

 

 

 

 

 

By:

/s/  Andrew Bonzani

 

 

Andrew Bonzani

 

 

Vice President,

 

 

Assistant General
Counsel &

 

 

Secretary

 

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