PFIZER INC — Director's Dealing 2009

Nov 3, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PFIZER INC (PFE)
CIK: 0000078003
Period of Report: 2009-10-30

Reporting Person: Redmond Cavan M. (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-30	Common Stock	A	29360	—	Acquired	43532	Direct
2009-10-30	Common Stock	A	17616	—	Acquired	61148	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30709	Indirect

Footnotes

F1: The reported transaction constitutes the grant of restricted stock units, which will vest and be settled in shares of Pfizer common stock on the third anniversary of the date of grant, provided that Mr. Redmond remains in the continuous employ of Pfizer until that anniversary date. This grant was made in connection with Mr. Redmond's election as Pfizer's Senior Vice President; Group President - Diversified Businesses effective October 16, 2009.

F2: The reported transaction constitutes the grant of restricted stock units, which will vest and be settled in shares of Pfizer common stock on the third anniversary of the date of grant, provided that Mr. Redmond remains in the continuous employ of Pfizer until that anniversary date. This grant represents a portion of Mr. Redmond's Executive Long-Term Incentive Program Award for 2010.