Key facts
- This page summarizes Andre Calantzopoulos's Form 4 filing for Philip Morris International Inc. (PM).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 18 Feb 2022, 14:40.
Andre Calantzopoulos - 16 Feb 2022 Form 4 Insider Report for Philip Morris International Inc. (PM)
- Reporting relationship
- Exec. Chairman of the Board, Director
- Issuer ticker
- PM
- Reported as of
- 16 Feb 2022
- Net transaction value
- -$9,023,533
- SEC form
- 4
- Accepted by SEC
- 18 Feb 2022, 14:40:50 UTC
- Prior SEC filing
- 14 Feb 2022
- Next SEC filing
- 10 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Darlene Quashie Henry for Andre Calantzopoulos
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Andre Calantzopoulos filed Form 4 for Philip Morris International Inc. (PM) on 18 Feb 2022.
Change
- Previous filing in this sequence was filed on 14 Feb 2022.
- Current net transaction value: -$9,023,533.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PM
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +110,940
- Change %
- +12%
- Price
- $0.000000
- Shares after
- 1,016,904
- Date
- 16 Feb 2022
- Ownership
- Direct
- Footnotes
- F1
PM
transaction
Common Stock
Tax liability
- Transaction value
- $721,783
- Shares
- -6,524
- Change %
- -0.64%
- Price
- $110.64
- Shares after
- 1,010,380
- Date
- 16 Feb 2022
- Ownership
- Direct
- Footnotes
- F2, F3
PM
transaction
Common Stock
Sale
- Transaction value
- $8,301,750
- Shares
- -75,000
- Change %
- -7.4%
- Price
- $110.69
- Shares after
- 935,380
- Date
- 17 Feb 2022
- Ownership
- Direct
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
These shares of the Issuer's common stock were granted by the Issuer to the Reporting Person as settlement of certain performance shares that were awarded on February 7, 2019, for the performance period of fiscal years 2019 through 2021 (the "Performance Period"). Each performance share converts into one share of the Issuer's common stock and the vesting of such performance shares are contingent upon the Issuer meeting certain performance objectives over the Performance Period. On February 8, 2022, the Issuer's Compensation & Leadership Development Committee of its Board of Directors determined that the Issuer achieved 150% of its targeted performance goals for the Performance Period and thus awarded the Reported Person 110,940 shares of its common stock, representing 150% of the targeted amount, which shares are fully vested.
Footnote F2
Withholding of shares of Philip Morris International Inc. common stock to satisfy tax obligations in connection with the vesting of Restricted Share Units and Performance Share Units.
Footnote F3
The average of the high and low price of Philip Morris International Inc. common stock on February 16, 2022.
Footnote F4
Includes 135,080 Restricted Share Units.