Mikael Dolsten - Nov 7, 2022 Form 4 Insider Report for PFIZER INC (PFE)

Signature
Susan E. Grant, by power of atty., for Mikael Dolsten
Stock symbol
PFE
Transactions as of
Nov 7, 2022
Transactions value $
$2,627,260
Form type
4
Date filed
11/9/2022, 03:08 PM
Previous filing
May 12, 2022
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFE Common Stock Options Exercise $1.54M +50.9K +14.94% $30.17 392K Nov 7, 2022 Direct F1
transaction PFE Common Stock Options Exercise $1.09M +28.2K +7.19% $38.71 420K Nov 7, 2022 Direct F1
holding PFE Common Stock 1.85K Nov 7, 2022 By Rule 16b-3 Plan

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 PFE Stock Appreciation Rights Options Exercise $0 -127K -100% $0.00* 0 Nov 7, 2022 Common Stock 127K $30.17 Direct
transaction PFE Stock Appreciation Rights Options Exercise $0 -133K -100% $0.00* 0 Nov 7, 2022 Common Stock 133K $38.71 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of stock units received upon the exercise and conversion of previously granted stock appreciation rights (SARs), calculated by taking the change in Pfizer common stock price (20 trading day average ending on the exercise date (Election Price of $45.07)) less the grant price of the SAR plus accumulated dividends from the grant date, times the number of SARs exercised. This value is divided by the Election Price to determine the number of stock units. The stock units and accumulated dividend units will be settled in Pfizer common stock on the SAR original settlement date, the seventh anniversary of grant.