Executive compensation

2016 Option exercises and stock vested table

2016 Option Exercises and Stock Vested Table

  Options Awards Stock Awards(1)
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)
V.M. Rometty 21,456 $751,769 22,667 $3,762,495
M.J. Schroeter 213 10,639 6,578 1,091,882
M. Jetter 0 0 2,489 413,149
J.E. Kelly III 14,076 698,288 7,111 1,180,355
E. Clementi 5,611 300,544 6,933 1,150,809
(1) Amounts shown in these columns reflect PSU awards that vested during 2016. The PSU award for the 2014–2016 performance period vested on December 31, 2016, and paid out to each named executive officer on February 1, 2017; the value of this PSU award was determined by multiplying the number of shares by the closing price of IBM stock on the vesting date, December 31, 2016 ($165.99). See the 2016 Summary Compensation Table Narrative for details on PSUs.