Jun Makihara - Dec 29, 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
Dec 29, 2023
Transactions value $
$31,216
Form type
4
Date filed
1/3/2024, 01:26 PM
Previous filing
Oct 3, 2023
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PM Common Stock 26.6K Dec 29, 2023 Direct F1
holding PM Common Stock 1.36K Dec 29, 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 $31.2K +332 +1.62% $94.03 20.8K Dec 29, 2023 Common Stock 332 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 24,604 deferred shares held under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This includes an increase of 341 deferred shares acquired through the reinvestment of dividends since September 29, 2023, 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 December 29, 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 December 29, 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 280 phantom stock units acquired through the reinvestment of dividends since September 29, 2023, the date of the last reportable transaction.