IBM Director Acquires 268 Deferred Shares Valued at $59,000
IBM director Martha E. Pollack has acquired 268 Promised Fee Shares under the IBM Board of Directors Deferred Compensation and Equity Award Plan.
The shares are valued at $219.93 each, with a total value of approximately $59,000.
Distribution is deferred until retirement, when the shares will be paid out in either IBM common stock or cash.