Edgar Filing: INTERNATIONAL BUSINESS MACHINES CORP

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN 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 ^*

Shaughnessy Timothy S

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

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

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

(Last)

(First)

(Middle)

IBM CORPORATION, NEW ORCHARD ROAD

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2007

(Street)

ARMONK, NY 10504

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

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 Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/03/2007		M		843	A	$ 88.955	2,207.858	D
Common Stock	08/03/2007		M		7,538	A	$ 88.955	9,745.858	D
Common Stock	08/03/2007		M		23,601	A	$ 97.59	33,346.858	D
Common Stock	08/03/2007		M		968	A	$ 103.25	34,314.858	D
Common Stock	08/03/2007		M		11,032	A	$ 103.25	45,346.858	D
Common Stock	08/03/2007		S		42,171	D	$ 113.745 ⁽¹⁾	3,175.858	D
Common Stock	08/03/2007		M		1,124	A	$ 88.955	2,310.772	I ⁽²⁾	By spouse
Common Stock	08/03/2007		M		2,276	A	$ 88.955	4,586.772	I ⁽²⁾	By spouse
Common Stock	08/03/2007		M		968	A	$ 103.25	5,554.772	I ⁽²⁾	By spouse
Common Stock	08/03/2007		M		1,032	A	$ 103.25	6,586.772	I ⁽²⁾	By spouse
Common Stock	08/03/2007		M		2,650	A	$ 97.59	9,236.772	I ⁽²⁾	By spouse
Common Stock	08/03/2007		S		5,958	D	$ 113.745 ⁽¹⁾	3,278.772	I ⁽²⁾	By spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Emp. Stock Option (right to buy)

$ 88.955

08/03/2007

7,538

02/23/2003⁽³⁾

02/22/2009

Common Stock

7,538

$ 0

Emp. Stock Option (right to buy)

$ 103.25

08/03/2007

11,032

02/29/2004⁽³⁾

02/28/2010

Common Stock

11,032

$ 0

Emp. Stock Option (right to buy)

$ 97.59

08/03/2007

23,601

02/26/2006⁽³⁾

02/25/2012

Common Stock

23,601

$ 0

Emp. Stock Option (right to buy)

$ 103.25

08/03/2007

968

02/29/2004⁽³⁾

02/28/2010

Common Stock

968

$ 0

Emp. Stock Option (right to buy)

$ 88.955

08/03/2007

843

02/23/2003⁽³⁾

02/22/2009

Common Stock

843

$ 0

Emp. Stock Option (right to buy)

$ 88.955

08/03/2007

2,276

02/23/2003⁽³⁾

02/22/2009

Common Stock

2,276

$ 0

I ⁽²⁾

By spouse

Emp. Stock Option (right to buy)

$ 103.25

08/03/2007

1,032

02/29/2004⁽³⁾

02/28/2010

Common Stock

1,032

$ 0

I ⁽²⁾

By spouse

Emp. Stock Option (right to buy)

$ 97.59

08/03/2007

2,650

02/26/2006⁽³⁾

02/25/2012

Common Stock

2,650

$ 0

I ⁽²⁾

By spouse

Emp. Stock Option (right to buy)

$ 103.25

08/03/2007

968

02/29/2004⁽³⁾

02/28/2010

Common Stock

968

$ 0

I ⁽²⁾

By spouse

Emp. Stock Option (right to buy)

$ 88.955

08/03/2007

1,124

02/23/2003⁽³⁾

02/22/2009

Common Stock

1,124

$ 0

I ⁽²⁾

By spouse

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Shaughnessy Timothy S IBM CORPORATION, NEW ORCHARD ROAD ARMONK, NY 10504			VP, Controller

Signatures

D. Cummins for T. S. Shaughnessy by power-of-attorney		08/06/2007
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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 price shown reflects the weighted average of multiple sales, ranging from $113.6100 to $113.9300 per share.
(2)	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.
(3)	This grant vested in four equal annual installments; the last installment vested on the date shown above.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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