PFIZER INC — Director's Dealing 2004

Dec 2, 2004

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PFIZER INC (PFE)
CIK: 0000078003
Period of Report: 2004-12-01

Reporting Person: RICCARDI NATALE S (Senior Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	243433	Direct
Common Stock	2353	Indirect
Common Stock	61370	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$8.17	2005-08-23	Common Stock (68400)		Direct
Employee Stock Option (right to buy)	$12.42	2006-08-21	Common Stock (48000)		Direct
Employee Stock Option (right to buy)	$18.35	2007-08-27	Common Stock (51000)		Direct
Employee Stock Option (right to buy)	$35.21	2008-08-26	Common Stock (54000)		Direct
Employee Stock Option (right to buy)	$42.07	2009-04-21	Common Stock (57450)		Direct
Employee Stock Option (right to buy)	$32.94	2010-02-23	Common Stock (35000)		Direct
Employee Stock Option (right to buy)	$45.34	2011-02-21	Common Stock (90000)		Direct
Employee Stock Option (right to buy)	$41.30	2012-02-27	Common Stock (50000)		Direct
Employee Stock Option (right to buy)	$29.33	2013-02-26	Common Stock (50000)		Direct
Employee Stock Option (right to buy)	$37.15	2014-02-26	Common Stock (65000)		Direct
Phantom Stock Units SSP	$0.00		Common Stock (14302)		Direct

Footnotes

F1: I hereby disclaim beneficial ownership of all shares held by members of my family.

F2: The option became exercisable in 5 equal annual installments beginning on August 24, 1996.

F3: The option became exercisable in 5 equal annual installments beginning on August 22,1997.

F4: The option became exercisable in 5 equal annual installments beginning on August 28,1998.

F5: The option became exercisable in 5 equal annual installments beginning on August 28, 1999.

F6: The option became exercisable in 5 equal annual installments beginning on April 22, 2000.

F7: The option became exercisable in 5 equal annual installments beginning on February 24, 2001.

F8: The option became exercisable in 5 equal annual installments beginning on February 22, 2002.

F9: This option becomes exercisable in 3 equal annual installments beginning on February 28, 2005.

F10: This option becomes exercisable in 3 equal annual installments beginning on February 27, 2006.

F11: This option becomes exercisable in 3 equal annual installments beginning on February 26, 2007.

F12: These units, which were acquired pursuant to the Pfizer Inc. Nonfunded Deferred Compensation and Supplemental Savings Plan, are settled in cash following the reporting person's separation from service.

F13: Each unit represents one phantom share of common stock.