Jun Makihara - 31 Dec 2022 Form 4 Insider Report for Philip Morris International Inc. (PM)

Role: Director
Signature: /s/ Darlene Quashie Henry, Attorney-In-Fact
Issuer symbol: PM
Transactions as of: 31 Dec 2022
Net transactions value: +$40,041
Form type: 4
Filing time: 04 Jan 2023, 15:06:32 UTC
Previous filing: 04 Oct 2022
Next filing: 04 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PM	Common Stock						23,592	31 Dec 2022	Direct	F1
holding	PM	Common Stock						1,360	31 Dec 2022	By Spouse

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	PM	Phantom Stock Units	Award	$40,041	+397	+2.2%	$100.86	18,415	31 Dec 2022	Common Stock	397		Direct	F2, F3, F4, F5, F6

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

Explanation of Responses:

Id	Content
F1	Includes 21,592 deferred shares held under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This includes an increase of 312 deferred shares acquired through the reinvestment of dividends since September 30, 2022, the date of the last reportable transaction.
F2	Phantom Stock Units convert to common stock on a 1-for-1 basis.
F3	Represents the number of phantom stock units credited to the Philip Morris International Inc. common stock equivalent account on December 31, 2022, pursuant to the Philip Morris International Inc. 2008 Deferred Fee Plan for Non-Employee Directors.
F4	These units are to be settled in cash upon the reporting persons termination as a member of the Issuer's Board of Directors.
F5	The average of the high and low price of Philip Morris International Inc. common stock on December 30, 2022.
F6	Phantom stock units held in the Philip Morris International Inc. 2008 Deferred Fee Plan for Non-Employee Directors. This includes an increase of 254 phantom stock units acquired through the reinvestment of dividends since September 30, 2022, the date of the last reportable transaction.