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PFIZER INC Director's Dealing 2011

Jul 5, 2011

29831_dirs_2011-07-05_41bb0f87-81ba-4030-b2f0-98d88cba5823.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: 2011-06-30

Reporting Person: LANKLER DOUGLAS M (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-30 Common Stock A 48544.0000 $0.0000 Acquired 137103.0000 Direct
2011-06-30 Common Stock F 13452.0000 $20.6000 Disposed 123651.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-06-30 Phantom Stock Units SSP $ A 96.0000 Acquired Common Stock (96.0000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1830.0000 Indirect

Footnotes

F1: The reported transaction constitutes the grant of restricted stock units, which are subject to certain vesting requirements.

F2: Represents withholding of shares to satisfy tax obligations upon vesting of restricted stock units.

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

F4: 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 and may be transferred by the reporting person into an alternative investment account at any time.