David M. Denton - Sep 12, 2024 Form 4 Insider Report for PFIZER INC (PFE)

Signature
Susan E. Grant, by power of atty., for David M. Denton
Stock symbol
PFE
Transactions as of
Sep 12, 2024
Transactions value $
$0
Form type
4
Date filed
9/16/2024, 01:04 PM
Previous filing
Jun 3, 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 -103K -100% $0.00 0 Sep 12, 2024 Common Stock 103K $42.30 Direct F1
transaction PFE Stock Appreciation Rights Award $0 +103K $0.00 103K Sep 12, 2024 Common Stock 103K $42.30 Direct F1, F2
transaction PFE Stock Appreciation Rights Disposed to Issuer $0 -80.7K -100% $0.00 0 Sep 12, 2024 Common Stock 80.7K $53.04 Direct F1
transaction PFE Stock Appreciation Rights Award $0 +80.7K $0.00 80.7K Sep 12, 2024 Common Stock 80.7K $53.04 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.