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IBM Notice of 2008 Annual Meeting and Proxy Statement

2007 Option exercises and stock vested

Options Awards(1) Stock Awards(2)
Name
(a)
Number of Shares Acquired on Exercise (#)
(b)
Value Realized on Exercise ($)
(c)
Number of Shares Acquired on Vesting (#)
(d)
Value Realized on Vesting ($)
(e)

(1) Options that were exercised by the named executive officers in 2007 were nearing the end of their ten year terms, at which time they would have been cancelled if not exercised.

(2) Amounts in this column for Mr. Palmisano reflect PSUs and the 10,753 performance-based RSUs that vested on March 8, 2007 in connection with the Lenovo transaction involving IBM’s personal computing business. For the other named executive officers, amounts in this column reflect PSUs, RSUs, and RRSUs. See 2007 Summary Compensation Table Narrative for details on these types of awards.

S.J. Palmisano 184,000 $ 9,411,461 64,920 $ 6,346,204
M. Loughridge 0 0 24,194 2,441,013
S.A. Mills 0 0 34,467 3,524,704
M.E. Daniels 1,466 76,261 21,216 2,160,710
D.T. Elix 45,000 2,780,244 36,685 3,743,851
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