Payal Sahni - Sep 12, 2024 Form 4 Insider Report for PFIZER INC (PFE)

Role: Executive Vice President
Signature: Susan E. Grant, by power of atty., for Payal Sahni
Stock symbol: PFE
Transactions as of: Sep 12, 2024
Transactions value $: $0
Form type: 4
Date filed: 9/16/2024, 12:52 PM
Previous filing: Feb 28, 2024

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	Disposed to Issuer	$0	-45.9K	-100%	$0.00	0	Sep 12, 2024	Common Stock	45.9K	$42.30	Direct	F1
transaction	PFE	Stock Appreciation Rights	Award	$0	+45.9K		$0.00	45.9K	Sep 12, 2024	Common Stock	45.9K	$42.30	Direct	F1, F2
transaction	PFE	Stock Appreciation Rights	Disposed to Issuer	$0	-42.3K	-100%	$0.00	0	Sep 12, 2024	Common Stock	42.3K	$45.96	Direct	F1
transaction	PFE	Stock Appreciation Rights	Award	$0	+42.3K		$0.00	42.3K	Sep 12, 2024	Common Stock	42.3K	$45.96	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents the number of shares of issuer common stock underlying stock appreciation rights ("total shareholder return units" or "TSRUs") eligible for modification ("Eligible TSRUs") pursuant to the issuer's one-time offer to modify Eligible TSRUs (the "Modification Offer") described in the Tender Offer Statement on Schedule TO filed by the issuer with the Securities and Exchange Commission on August 12, 2024 (as amended, the "Schedule TO") that the reporting person elected to modify. The Modification Offer provided eligible participants the opportunity to elect to modify certain outstanding TSRUs to extend the dates upon which the awards vest and settle by two years (the "Modified TSRUs"). The grant price and number of shares underlying the Modified TSRUs remain unchanged.
F2	Reflects a modification to the settlement date of the Modified TSRUs pursuant to the Modification Offer. The grant price and number of shares underlying the Modified TSRUs remain unchanged.

Content

Represents the number of shares of issuer common stock underlying stock appreciation rights ("total shareholder return units" or "TSRUs") eligible for modification ("Eligible TSRUs") pursuant to the issuer's one-time offer to modify Eligible TSRUs (the "Modification Offer") described in the Tender Offer Statement on Schedule TO filed by the issuer with the Securities and Exchange Commission on August 12, 2024 (as amended, the "Schedule TO") that the reporting person elected to modify. The Modification Offer provided eligible participants the opportunity to elect to modify certain outstanding TSRUs to extend the dates upon which the awards vest and settle by two years (the "Modified TSRUs"). The grant price and number of shares underlying the Modified TSRUs remain unchanged.

Reflects a modification to the settlement date of the Modified TSRUs pursuant to the Modification Offer. The grant price and number of shares underlying the Modified TSRUs remain unchanged.