0001181431-15-002576.txt : 20150218 0001181431-15-002576.hdr.sgml : 20150216 20150217131726 ACCESSION NUMBER: 0001181431-15-002576 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150213 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 ISSUER: 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 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KAVANAUGH JAMES J CENTRAL INDEX KEY: 0001433640 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-02360 FILM NUMBER: 15620433 MAIL ADDRESS: STREET 1: IBM CORPORATION STREET 2: ONE NORTH CASTLE DRIVE CITY: ARMONK STATE: NY ZIP: 10504 4 1 rrd422437.xml X0306 4 2015-02-13 0 0000051143 INTERNATIONAL BUSINESS MACHINES CORP IBM 0001433640 KAVANAUGH JAMES J IBM CORPORATION ONE NEW ORCHARD ROAD ARMONK NY 10504 0 1 0 0 Senior Vice President Phantom Stock Unit 0 2015-02-13 4 A 0 7 160.400 A Common Stock 7 3897 D Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis. Acquisition of phantom stock units under the IBM Excess 401(k) Plus Plan. 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. M. Clemens on behalf of J. J. Kavanaugh 2015-02-17 EX-24. 2 rrd380472_430945.htm rrd380472_430945.html 
Exhibit 24.1


				IBM
			New Orchard Road
			Armonk, NY 10504


						February 10, 2015



Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549

I hereby delegate to each of the following individuals, whose signatures
appear below, to sign and file on behalf of James J. Kavanaugh, an executive
officer of IBM, any Securities and Exchange Commission forms or documents
in connection with any transactions by James J. Kavanaugh in IBM securities,
including without limitation Form 3, Form 4, Form 5, or Form 144 under
the Act.

E. Barth		_____________/s/ E. Barth___________________

J. Bell			_____________/s/ J. Bell____________________

P. Charouk		_____________/s/ P. Charouk_________________

M. Clemens		_____________/s/ M. Clemens_________________

C. A. Hall		_____________/s/ C. A. Hall_________________

G. A. Kuehnel		_____________/s/ G. A. Kuehnel______________

L. M. Lalli		_____________/s/ L. M. Lalli________________

L. Mallardi		____________/s/ L. Mallardi_________________

This authorization shall remain in effect for as long as James J. Kavanaugh
remains an executive officer of IBM.


				Very truly yours,

				/s/ Christina M. Montgomery


				Christina M. Montgomery
				Vice President, Assistant General Counsel
				and Secretary