Reginaldo Dobrowolski - 07 Feb 2024 Form 4 Insider Report for Philip Morris International Inc. (PM)

Signature
/s/ Darlene Quashie Henry, Attorney-In-Fact
Issuer symbol
PM
Transactions as of
07 Feb 2024
Net transactions value
+$447,045
Form type
4
Filing time
09 Feb 2024, 18:26:38 UTC
Previous filing
07 Apr 2023
Next filing
23 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PM Common Stock Award $0 +2,754 +15% $0.000000 21,284 07 Feb 2024 Direct F1
transaction PM Common Stock Award $304,509 +3,290 +15% $92.56 24,574 08 Feb 2024 Direct F2, F3, F4
transaction PM Common Stock Award $142,536 +1,540 +15% $92.56 11,771 08 Feb 2024 Spouse F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 2,754 shares of common stock earned as a result of the certification by the Issuer's Board of Directors to the achievement of the three-year performance goals under the terms of Performance Stock Units ("PSUs") awarded on February 4, 2021. The PSUs vest on February 21, 2024.
F2 Restricted Share Units awarded under the Philip Morris International Inc. 2022 Performance Incentive Plan. These Restricted Share Units will vest on February 17, 2027.
F3 Represents the average closing price of the common stock of Philip Morris International Inc. for 20 trading days prior to February 8, 2024.
F4 Includes 10,380 Restricted Share Units.
F5 Spouse is an employee of Philip Morris International Inc. She holds 6,311 shares of the common stock of Philip Morris International Inc. outright with a bank or a broker, and currently holds 5,460 Restricted Share Units.