Emmanuel Babeau - 21 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
21 Feb 2024
Net transactions value
-$3,075,925
Form type
4
Filing time
23 Feb 2024, 15:27:34 UTC
Previous filing
09 Feb 2024
Next filing
07 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PM Common Stock Tax liability $1,680,910 -18,683 -9.2% $89.97 185,477 21 Feb 2024 Direct F1, F2
transaction PM Common Stock Sale $1,395,015 -15,435 -8.3% $90.38 170,042 22 Feb 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 51,520 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 $90.37 to $90.42, inclusive. The reporting person undertakes to provide to Philip Morris International Inc., any security holder thereof, 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.