Jun Makihara - 29 Dec 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: 29 Dec 2023
Net transactions value: +$31,216
Form type: 4
Filing time: 03 Jan 2024, 13:26:14 UTC
Previous filing: 03 Oct 2023
Next filing: 02 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PM	Common Stock						26,604	29 Dec 2023	Direct	F1
holding	PM	Common Stock						1,360	29 Dec 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	$31,216	+332	+1.6%	$94.02	20,840	29 Dec 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.