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 *
Rometty Virginia M
   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
_____ Officer (give title below) _____ Other (specify below)
Chairman, Pres. and CEO
(Last)
(First)
(Middle)
IBM CORPORATION, ONE NEW ORCHARD ROAD		 3. Date of Earliest Transaction (Month/Day/Year)
01/26/2016
(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)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Emp. Stock Option (right to buy) $ 129.08 (1) 01/26/2016   A   375,000   01/26/2019(2) 01/25/2026(2) Common Stock 375,000 $ 0 375,000 D  
Emp. Stock Option (right to buy) $ 135.22 (3) 01/26/2016   A   375,000   01/26/2019(2) 01/25/2026(2) Common Stock 375,000 $ 0 375,000 D  
Emp. Stock Option (right to buy) $ 141.37 (4) 01/26/2016   A   375,000   01/26/2019(2) 01/25/2026(2) Common Stock 375,000 $ 0 375,000 D  
Emp. Stock Option (right to buy) $ 153.66 (5) 01/26/2016   A   375,000   01/26/2019(2) 01/25/2026(2) Common Stock 375,000 $ 0 375,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Rometty Virginia M
IBM CORPORATION
ONE NEW ORCHARD ROAD
ARMONK, NY 10504		       Chairman, Pres. and CEO  

Signatures

 M. Clemens on behalf of V. M. Rometty   01/28/2016
**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 exercise price of these premium-priced options is equal to 105% of the average high and low prices of IBM common stock on the date of grant.
(2) These derivative securities vest in one installment on the date exercisable shown. All expire on the expiration date shown above.
(3) The exercise price of these premium-priced options is equal to 110% of the average high and low prices of IBM common stock on the date of grant.
(4) The exercise price of these premium-priced options is equal to 115% of the average high and low prices of IBM common stock on the date of grant.
(5) The exercise price of these premium-priced options is equal to 125% of the average high and low prices of IBM common stock on the date of grant.

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