4//SEC Filing
Barth Werner 4
Accession 0001182489-22-000027
CIK 0001413329other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 4:12 PM ET
Size
9.1 KB
Accession
0001182489-22-000027
Insider Transaction Report
Form 4
Barth Werner
Pr.Combusibles&GlobalComb.Mktg
Transactions
- Award
Common Stock
2022-02-16+11,370→ 88,070 total - Tax Payment
Common Stock
2022-02-16$110.64/sh−892$98,686→ 87,178 total - Sale
Common Stock
2022-02-18$111.70/sh−12,000$1,340,400→ 75,178 total
Footnotes (5)
- [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.
- [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]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.
Documents
Issuer
Philip Morris International Inc.
CIK 0001413329
Entity typeother
Related Parties
1- filerCIK 0001647069
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 4:12 PM ET
- Size
- 9.1 KB