Mikael Dolsten - 11 Nov 2021 Form 4 Insider Report for PFIZER INC (PFE)

Role
President R&D
Signature
Susan E. Grant, by power of atty., for Mikael Dolsten
Issuer symbol
PFE
Transactions as of
11 Nov 2021
Transactions value $
-$385,730
Form type
4
Filing time
15 Nov 2021, 16:40:30 UTC
Previous filing
23 Sep 2021
Next filing
21 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFE Common Stock Options Exercise $1,742,730 +76,135 +54.4% $22.89 216,093 11 Nov 2021 Direct F1
transaction PFE Common Stock Options Exercise $1,772,752 +64,841 +30% $27.34 280,934 11 Nov 2021 Direct F2
transaction PFE Common Stock Options Exercise $1,499,443 +58,572 +20.8% $25.60 339,506 11 Nov 2021 Direct F1
transaction PFE Common Stock Sale -$106,922 -2,124 -0.63% $50.34 337,382 11 Nov 2021 Direct
transaction PFE Common Stock Sale -$115,786 -2,301 -0.68% $50.32 335,081 11 Nov 2021 Direct
transaction PFE Common Stock Sale -$160,777 -3,197 -0.95% $50.29 331,884 11 Nov 2021 Direct
transaction PFE Common Stock Sale -$170,852 -3,396 -1.02% $50.31 328,488 11 Nov 2021 Direct
transaction PFE Common Stock Sale -$262,865 -5,227 -1.59% $50.29 323,261 11 Nov 2021 Direct
transaction PFE Common Stock Sale -$337,613 -6,708 -2.08% $50.33 316,553 11 Nov 2021 Direct
transaction PFE Common Stock Sale -$1,845,829 -36,711 -11.6% $50.28 279,842 11 Nov 2021 Direct
holding PFE Common Stock 1,803 11 Nov 2021 By Rule 16b-3 Plan

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 PFE Phantom Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$2,400,009 -47,828 -40.1% $50.18 71,314 11 Nov 2021 Common Stock 47,828 Direct F3, F4, F5
transaction PFE Stock Appreciation Rights Options Exercise $0 -153,789 -100% $0.000000* 0 11 Nov 2021 Common Stock 153,789 $27.34 Direct
transaction PFE Stock Appreciation Rights Options Exercise $0 -145,970 -100% $0.000000* 0 11 Nov 2021 Common Stock 145,970 $22.89 Direct
transaction PFE Stock Appreciation Rights Options Exercise $0 -127,160 -100% $0.000000* 0 11 Nov 2021 Common Stock 127,160 $25.60 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of stock units received upon the exercise and conversion of previously granted stock appreciation rights (SARs), calculated by taking the change in Pfizer common stock price (20 trading day average ending on the exercise date (Election Price of $44.58)) less the grant price of the SAR plus accumulated dividends from the grant date, times the number of SARs exercised. This value is divided by the Election Price to determine the number of stock units. The stock units and accumulated dividend units will be settled in Pfizer common stock on the SAR original settlement date, the seventh anniversary of grant.
F2 Represents the number of stock units received upon the exercise and conversion of previously granted stock appreciation rights (SARs), calculated by taking the change in Pfizer common stock price (20 trading day average ending on the exercise date (Election Price of $44.58)) less the grant price of the SAR plus accumulated dividends from the grant date, times the number of SARs exercised. This value is divided by the Election Price to determine the number of stock units. The stock units and accumulated dividend units will be settled in Pfizer common stock on the SAR original settlement date, the fifth anniversary of grant.
F3 Each unit represents one phantom share of common stock.
F4 The reporting person diversified shares held in the Pfizer Inc. Deferred Compensation Plan ("Plan") pursuant to the Plan's diversification provision into an alternate investment option(s) under the Plan.
F5 The units, held under the Deferred Compensation Plan, are paid in cash following the reporting person's separation from service and may be transferred by the reporting person into an alternative investment account at any time.