Form 4 for PM Philip Morris International

Accepted 2022-02-18 00:00:00 ET · period of report 2022-02-16 · accession 0001182489-22-000022 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2022-02-18	2022-02-16	PM	Kennedy Stacey	Pres. South, Southeast Asia	A - Grant	$0.00	+9,345	44.4K	+27%	$0
	2022-02-18	2022-02-16	PM	Kennedy Stacey	Pres. South, Southeast Asia	F - Tax	$110.64	-5,269	39.1K	-12%	-$583.0K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-02-16	A	A	9,345	$0.00	44,374	D	—	—	(F1) These shares of the Issuer's common stock were granted by the Issuer to the Reporting Person as settlement of certain performance shares that were awarded on February 7, 2019, for the performance period of fiscal years 2019 through 2021 (the "Performance Period"). Each performance share converts into one share of the Issuer's common stock and the vesting of such performance shares are contingent upon the Issuer meeting certain performance objectives over the Performance Period. On February 8, 2022, the Issuer's Compensation & Leadership Development Committee of its Board of Directors determined that the Issuer achieved 150% of its targeted performance goals for the Performance Period and thus awarded the Reported Person 9,345 shares of its common stock, representing 150% of the targeted amount, which shares are fully vested.
2	Common	Common Stock	2022-02-16	F	D	5,269	$110.64	39,105	D	—	—	(F2) 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 Share Units. (F3) The average of the high and low price of Philip Morris International Inc. common stock on February 16, 2022. (F4) Includes 16,540 Restricted Share Units.