Edgar Filing: INTERNATIONAL BUSINESS MACHINES CORP

Ownership Submission

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Del Bene Robert F

2. Date of Event Requiring Statement (Month/Day/Year)
01/21/2017

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

(Last)

(First)

(Middle)

ONE NEW ORCHARD

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

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

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

(Street)

ARMONK,Â NYÂ 10504

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

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	6,676.156	D	Â
Common Stock	4.144	I ⁽¹⁾	Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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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 of Derivative Security: 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		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Phantom Stock	Â ⁽²⁾	Â ⁽²⁾	Common Stock	5,118	$ 0 ⁽²⁾	D	Â
Rst. Stock Unit	Â ⁽³⁾	Â ⁽³⁾	Common Stock	506	$ 0	D	Â
Rst. Stock Unit	Â ⁽⁴⁾	Â ⁽⁴⁾	Common Stock	2,646	$ 0	D	Â
Rst. Stock Unit	Â ⁽⁵⁾	Â ⁽⁵⁾	Common Stock	831	$ 0	D	Â
Rst. Stock Unit	Â ⁽⁶⁾	Â ⁽⁶⁾	Common Stock	2,759	$ 0	D	Â
Rst. Stock Unit	Â ⁽⁷⁾	Â ⁽⁷⁾	Common Stock	2,414	$ 0	D	Â
Rst. Stock Unit	Â ⁽⁸⁾	Â ⁽⁸⁾	Common Stock	295	$ 0	I ⁽¹⁾	Spouse

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Del Bene Robert F ONE NEW ORCHARD ARMONK,Â NYÂ 10504	Â	Â	Â VP, Controller	Â

Signatures

A. Gomes da Silva on behalf of R. F. Del Bene		01/27/2017
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	The reporting person disclaims beneficial ownership of the securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(2)	Phantom stock units acquired under the IBM Excess 401(k) Plus Plan convert to the cash value of the company's common stock on a one-for-one basis, and distribution is deferred until separation from the company. The reporting person may transfer these phantom stock units into an alternative investment account under such plan.
(3)	These units are payable in cash or the company's common stock upon lapse of the restrictions on June 7, 2017.
(4)	These units are payable in cash or the company's common stock upon lapse of the restrictions on December 17, 2018.
(5)	Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 277 of these units on June 8, 2017, for 277 of these units on June 8, 2018, and for 277 of these units on June 8, 2019.
(6)	Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 689 of these units on June 1, 2017, for 690 of these units on June 1, 2018, for 690 of these units on June 1, 2019, and for 690 of these units on June 1, 2020.
(7)	Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 603 of these units on June 8, 2017, for 603 of these units on June 8, 2018, for 603 of these units on June 8, 2019, and for 605 of these units on June 8, 2020.
(8)	Upon lapse of the restrictions, these units are payable in cash or the company's common stock. The restrictions lapse for 147 of these units on July 1, 2018, and for 148 of these units on July 1, 2020.

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