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PFIZER INC Director's Dealing 2010

Feb 1, 2010

29831_dirs_2010-02-01_c1f6f361-9931-4b54-be0d-a69b4a395068.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PFIZER INC (PFE)
CIK: 0000078003
Period of Report: 2009-12-31

Reporting Person: CANGIALOSI LORETTA V (Sr. Vice President, Controller)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-12-31 Common Stock A 8246 Acquired 181057 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-12-31 Stock Appreciation Rights $18.19 A 32120 Acquired 2014-12-31 Common Stock (32120) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2266 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 the reporting person remains in the continuous employ of Pfizer until that anniversary date.

F2: The stock appreciation rights will vest on the third anniversary of the date of grant, provided that the reporting person remains in the continuous employ of Pfizer until that anniversary date, and will be settled in shares of Pfizer common stock on the fifth anniversary of the date of grant.