Andre Calantzopoulos - Feb 21, 2024 Form 4 Insider Report for Philip Morris International Inc. (PM)

Role
Exec. Chairman of the Board, Director
Signature
/s/ Darlene Quashie Henry, Attorney-In-Fact
Stock symbol
PM
Transactions as of
Feb 21, 2024
Transactions value $
-$9,286,752
Form type
4
Date filed
2/23/2024, 03:25 PM
Previous filing
Feb 9, 2024
Next filing
May 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PM Common Stock Tax liability -$715K -7.95K -0.68% $89.97 1.16M Feb 21, 2024 Direct F1, F2
transaction PM Common Stock Sale -$8.57M -95K -8.2% $90.23 1.06M Feb 22, 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 Withholding of shares of Philip Morris International Inc. common stock to satisfy tax obligations in connection with the vesting of Restricted Share Units and Performance Stock Units.
F2 Includes 54,860 Restricted Share Units.
F3 Represents the number of shares sold by the reporting person to cover annual Swiss tax obligations.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.96 to $90.44, inclusive. The reporting person undertakes to provide to Philip Morris International Inc., any security holder of Philip Morris International Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.