SEC Form 4 · accession 0001225208-15-006196
PFIZER INC · PFE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geno J Germano
Officer — Group President
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 6:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000078003
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2015 | M | 83,333 | $17.69 | A | 354,531 | D | |
| Common StockF2 | Feb 25, 2015 | A | 17,893 | $0.00 | A | 372,424 | D | |
| Common StockF3 | Feb 25, 2015 | F | 6,474 | $34.66 | D | 365,950 | D | |
| Common StockF4 | Feb 25, 2015 | F | 24,856 | $34.66 | D | 341,094 | D | |
| Common StockF5,F6 | Feb 25, 2015 | F | 32,840 | $33.47 | D | 308,254 | D | |
| Common StockF7 | holding | — | — | — | 1,587 | I | By children | |
| Common Stock | holding | — | — | — | 1,161 | I | By Rule 16b-3 Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights | $17.69 | Feb 25, 2015 | M | 83,333 | D | Feb 25, 2015 | Feb 25, 2015 | Common Stock | 83,333 | 0 | D |
| Stock Appreciation RightsF8 | $34.59 | Feb 26, 2015 | A | 144,928 | A | Feb 26, 2020 | Feb 26, 2020 | Common Stock | 144,928 | 144,928 | D |
| Stock Appreciation RightsF9 | $34.59 | Feb 26, 2015 | A | 120,805 | A | Feb 26, 2022 | Feb 26, 2022 | Common Stock | 120,805 | 120,805 | D |
Explanation of responses
- F1The reported transaction constitutes the earn-out of stock appreciation rights (including dividend equivalents thereon).
- F2The reported transaction constitutes the earn-out of Performance Share Awards (including dividend equivalents thereon).
- F3The reported transaction constitutes the withholding of shares to satisfy tax obligations upon the earn-out of Performance Share Awards (including dividend equivalents thereon).
- F4The reported transaction constitutes the withholding of shares to satisfy tax obligations in connection with earn-out of stock appreciation rights.
- F5The reported transaction constitutes the withholding of shares to cover payment of exercise price in connection with earn-out of stock appreciation rights (including dividend equivalents thereon).
- F6Under the terms of the settlement of the stock appreciation rights the 20-day average of the closing prices of Pfizer common stock ending on the settlement date is used.
- F7The reporting person disclaims beneficial ownership of shares held by members of his family.
- F8The stock appreciation rights, which are subject to certain vesting requirements, will be settled in shares of Pfizer common stock on the fifth anniversary of the date of grant.
- F9The stock appreciation rights, which are subject to certain vesting requirements, will be settled in shares of Pfizer common stock on the seventh anniversary of the date of grant.