Insider Trades - KERN R. FRANKLIN III

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KERN R. FRANKLIN III: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
International Business Machines Officer NYSE:IBM (historical quotes, profile, SEC, other insiders)	25-Jul-11	0	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
25-Jul-11 3,639 IBM Sale at $183.47 - $183.51 per share.
(Proceeds of about $668,000)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
25-Jul-11	3,639	IBM	Sale at $183.47 - $183.51 per share. (Proceeds of about $668,000)