Jun Makihara - Mar 31, 2023 Form 4 Insider Report for Philip Morris International Inc. (PM)

Role: Director
Signature: /s/ Darlene Quashie Henry, Attorney-In-Fact
Stock symbol: PM
Transactions as of: Mar 31, 2023
Transactions value $: $39,974
Form type: 4
Date filed: 4/4/2023, 04:52 PM
Previous filing: Jan 4, 2023
Next filing: May 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PM	Common Stock						23.9K	Mar 31, 2023	Direct	F1
holding	PM	Common Stock						1.36K	Mar 31, 2023	By Spouse	F2

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	$40K	+412	+2.21%	$97.03	19.1K	Mar 31, 2023	Common Stock	412		Direct	F3, F4, F5, F6, F7

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

Explanation of Responses:

Id	Content
F1	Includes 21,861 deferred shares held under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This includes an increase of 269 deferred shares acquired through the reinvestment of dividends since December 31, 2022, the date of the last reportable transaction.
F2	The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F3	Phantom stock units convert to common stock on a 1-for-1 basis.
F4	Represents the number of phantom stock units credited to the Philip Morris International Inc. common stock equivalent account on March 31, 2023, pursuant to the Philip Morris International Inc. 2008 Deferred Fee Plan for Non-Employee Directors.
F5	These units are to be settled in cash upon the reporting persons termination as a member of the Issuer's Board of Directors.
F6	The average of the high and low price of Philip Morris International Inc. common stock on March 31, 2023.
F7	Phantom stock units held in the Philip Morris International Inc. 2008 Deferred Fee Plan for Non-Employee Directors. This includes an increase of 225 phantom stock units acquired through the reinvestment of dividends since December 31, 2022, the date of the last reportable transaction.