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PFIZER INC Director's Dealing 2010

Dec 23, 2010

29831_dirs_2010-12-23_9ee58845-97be-48a5-b7df-a8fa1da8f18f.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PFIZER INC (PFE)
CIK: 0000078003
Period of Report: 2010-12-13

Reporting Person: Germano Geno J (Business Unit President)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 134891.0000 Direct
Common Stock 1587.0000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock Units $ Common Stock (3760.0000) Direct
Stock Appreciation Rights $17.6900 2015-02-25 Common Stock (83333.0000) Direct

Footnotes

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

F2: These units, which were acquired pursuant to the Wyeth Supplemental Employee Savings Plan, are settled 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.

F3: Each unit represents one phantom share of common stock.

F4: The 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.