Jun Makihara - Dec 31, 2021 Form 4 Insider Report for Philip Morris International Inc. (PM)

Role: Director
Signature: /s/ Darlene Quashie Henry for Jun Makihara
Stock symbol: PM
Transactions as of: Dec 31, 2021
Transactions value $: $39,930
Form type: 4
Date filed: 1/4/2022, 02:24 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						20.8K	Dec 31, 2021	Direct	F1
holding	PM	Common Stock						1.36K	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	$39.9K	+422	+2.74%	$94.62	15.8K	Dec 31, 2021	Common Stock	422		Direct	F2, F3, F4, F5, F6

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

Explanation of Responses:

Id	Content
F1	Includes 18,759 deferred shares held under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This includes an increase of 235 deferred shares acquired through the reinvestment of dividends since September 30, 2021, the date of the last reportable transaction.
F2	Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.
F3	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.
F4	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.
F5	The average of the high and low price of Philip Morris International Inc. common stock on December 31, 2021.
F6	Phantom stock units held in the Philip Morris International Inc. 2008 Deferred Fee Plan for Non-Employee Directors. This includes an increase of 188 phantom stock units acquired through the reinvestment of dividends since September 30, 2021, the date of the last reportable transaction.