Jacek Olczak - Feb 7, 2024 Form 4 Insider Report for Philip Morris International Inc. (PM)

Role
Chief Executive Officer, Director
Signature
/s/ Darlene Quashie Henry, Attorney-In-Fact
Stock symbol
PM
Transactions as of
Feb 7, 2024
Transactions value $
$4,946,193
Form type
4
Date filed
2/9/2024, 06:28 PM
Previous filing
Feb 22, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PM Common Stock Award $0 +54.7K +14.39% $0.00 435K Feb 7, 2024 Direct F1
transaction PM Common Stock Award $4.95M +53.4K +12.29% $92.56 488K Feb 8, 2024 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 54,706 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 157,280 Restricted Share Units.