Lucio A. Noto - Dec 31, 2021 Form 4 Insider Report for Philip Morris International Inc. (PM)

Role: Director
Signature: /s/ Darlene Quashie Henry for Lucio A. Noto
Stock symbol: PM
Transactions as of: Dec 31, 2021
Transactions value $: $48,824
Form type: 4
Date filed: 1/4/2022, 02:21 PM
Previous filing: Oct 4, 2021
Next filing: Apr 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PM	Common Stock						83.4K	Dec 31, 2021	Direct	F1
holding	PM	Common Stock						22.2K	Dec 31, 2021	By Trust	F2
holding	PM	Common Stock						17.1K	Dec 31, 2021	By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PM	Phantom Stock Units	Award	$48.8K	+516	+0.42%	$94.62	122K	Dec 31, 2021	Common Stock	516		Direct	F3, F4, F5, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 83,068 deferred shares held under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This includes an increase of 1,041 deferred shares acquired through the reinvestment of dividends since September 30, 2021, the date of the last reportable transaction.
F2	Shares held by the reporting person in a revocable trust for the benefit of the reporting person.
F3	Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.
F4	Represents the number of phantom stock units credited to the Philip Morris International Inc. common stock equivalent account on December 31, 2021, pursuant to the Philip Morris International Inc. 2008 Deferred Fee Plan for Non-Employee Directors.
F5	These phantom stock units are to be settled in cash upon the reporting person's termination as a member of the Issuer's Board of Directors.
F6	The average of the high and low price of Philip Morris International Inc. common stock on December 31, 2021.
F7	Phantom stock units held in the Philip Morris International Inc. 2008 Deferred Fee Plan for Non-Employee Directors. This includes an increase of 1,519 phantom stock units acquired through the reinvestment of dividends since September 30, 2021, the date of the last reportable transaction.