Form 4 for PM Philip Morris International
Accepted 2022-02-18 00:00:00 ET · period of report 2022-02-16 · accession 0001182489-22-000027 · 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 | 2022-02-18 | PM | Barth Werner | Pr.Combusibles, GlobalComb.Mktg | S - Sale | $111.70 | -12.0K | 75.2K | -14% | -$1.34M | |
| 2022-02-18 | 2022-02-16 | PM | Barth Werner | Pr.Combusibles, GlobalComb.Mktg | F - Tax | $110.64 | -892 | 87.2K | -1% | -$98.7K | |
| 2022-02-18 | 2022-02-16 | PM | Barth Werner | Pr.Combusibles, GlobalComb.Mktg | A - Grant | $0.00 | +11.4K | 88.1K | +15% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-18 | S | D | 12,000 | $111.70 | 75,178 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.70 to $111.72, 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 in this footnote (4) to this Form 4. (F5) Includes 19,380 Restricted Share Units. |
| 2 | Common | Common Stock | 2022-02-16 | F | D | 892 | $110.64 | 87,178 | 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. |
| 3 | Common | Common Stock | 2022-02-16 | A | A | 11,370 | $0.00 | 88,070 | 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 11,370 shares of its common stock, representing 150% of the targeted amount, which shares are fully vested. |