Jun Makihara - 03 May 2023 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: 03 May 2023
Net transactions value: +$175,003
Form type: 4
Filing time: 05 May 2023, 18:02:04 UTC
Previous filing: 04 Apr 2023
Next filing: 05 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PM	Common Stock	Award	$175,003	+1,812	+7.5%	$96.58	25,953	03 May 2023	Direct	F1, F2, F3
holding	PM	Common Stock						1,360	03 May 2023	By Spouse	F4

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	Other	$0	0	0%	$0.000000^*	19,290	03 May 2023	Common Stock	0		Direct	F5, F6, F7, F8

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

Explanation of Responses:

Id	Content
F1	Deferred shares awarded under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors.
F2	The average of the high and low price of Philip Morris International Inc. common stock on May 3, 2023.
F3	Includes 23,953 deferred shares held in the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This is an increase of 2,092 deferred shares, reflecting the total of the 2023 stock award and 280 deferred shares acquired through the reinvestment of dividends since March 31, 2023, the date of the last reportable transaction.
F4	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.
F5	Phantom Stock Units convert to common stock on a 1-for-1 basis.
F6	No phantom stock units acquired or disposed.
F7	These units are to be settled in cash upon the reporting persons termination as a member of the Issuer's Board of Directors.
F8	Phantom stock units held in the Philip Morris International Inc. 2008 Deferred Fee Plan for Non-Employee Directors. This includes an increase of 238 phantom stock units acquired through the reinvestment of dividends since March 31, 2023, the date of the last reportable transaction.