Jun Makihara - Mar 28, 2024 Form 4 Insider Report for Philip Morris International Inc. (PM)

Role
Director
Signature
/s/ Darlene Quashie Henry. Attorney-In-Fact
Stock symbol
PM
Transactions as of
Mar 28, 2024
Transactions value $
$31,230
Form type
4
Date filed
4/2/2024, 05:44 PM
Previous filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PM Common Stock 26.9K Mar 28, 2024 Direct F1
holding PM Common Stock 1.36K Mar 28, 2024 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 $31.2K +339 +1.61% $92.13 21.5K Mar 28, 2024 Common Stock 339 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 24,941 deferred shares held under the Philip Morris International Inc. 2017 Stock Compensation Plan for Non-Employee Directors. This includes an increase of 337 deferred shares acquired through the reinvestment of dividends since December 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 March 28, 2024, 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 March 28, 2024.
F7 Phantom stock units held in the Philip Morris International Inc. 2008 Deferred Fee Plan for Non-Employee Directors. This includes an increase of 281 phantom stock units acquired through the reinvestment of dividends since December 29, 2023, the date of the last reportable transaction.