Rady A. Johnson - 23 Feb 2024 Form 4 Insider Report for PFIZER INC (PFE)

Signature
Susan E. Grant, by power of atty., for Rady A. Johnson
Issuer symbol
PFE
Transactions as of
23 Feb 2024
Net transactions value
+$94,518
Form type
4
Filing time
27 Feb 2024, 13:46:32 UTC
Previous filing
16 Feb 2024
Next filing
28 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFE Common Stock Options Exercise $804,780 +29,436 +31% $27.34 123,073 23 Feb 2024 Direct F1
transaction PFE Common Stock Tax liability $59,184 -2,132 -1.7% $27.76 120,941 23 Feb 2024 Direct F2
transaction PFE Common Stock Tax liability $651,078 -23,788 -20% $27.37 97,153 23 Feb 2024 Direct F3, F4
holding PFE Common Stock 6,301 23 Feb 2024 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 -29,436 -100% $0.000000* 0 23 Feb 2024 Common Stock 29,436 $27.34 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction constitutes the earn-out of stock appreciation rights (including dividend equivalents thereon).
F2 The reported transaction constitutes the withholding of shares to satisfy tax obligations in connection with earn-out of stock appreciation rights.
F3 The reported transaction constitutes the withholding of shares to cover payment of exercise price in connection with earn-out of stock appreciation rights (including dividend equivalents thereon).
F4 Under the terms of the settlement of the stock appreciation rights the 20-day average of the closing prices of Pfizer common stock ending on the settlement date is used.