SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

SIMMONS DAVID S

(Last)

(First)

(Middle)

PFIZER INC.-CORP. SECRETARY

235 EAST 42ND ST.

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/13/2010

3. Issuer Name and Ticker or Trading Symbol
PFIZER INC [ PFE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Business Unit President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	99,622	D
Common Stock	1,465	I	By Rule 16b-3 Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (right to buy)	⁽¹⁾	02/21/2017	Common Stock	43,000	$25.87	D
Employee Stock Option (right to buy)	⁽¹⁾	02/22/2016	Common Stock	17,000	$26.2	D
Employee Stock Option (right to buy)	⁽¹⁾	02/23/2015	Common Stock	16,500	$26.2	D
Employee Stock Option (right to buy)	⁽¹⁾	02/26/2013	Common Stock	21,000	$29.33	D
Employee Stock Option (right to buy)	⁽¹⁾	02/25/2014	Common Stock	27,000	$37.15	D
Employee Stock Option (right to buy)	⁽¹⁾	02/27/2012	Common Stock	20,000	$41.3	D
Employee Stock Option (right to buy)	⁽¹⁾	02/21/2011	Common Stock	28,000	$45.34	D
Phantom Stock Units	⁽²⁾	⁽²⁾	Common Stock	1,890	⁽³⁾	D
Phantom Stock Units (AIP)	⁽⁴⁾	⁽⁴⁾	Common Stock	4,344	⁽³⁾	D
Phantom Stock Units SSP	⁽⁵⁾	⁽⁵⁾	Common Stock	4,976	⁽³⁾	D
Stock Appreciation Rights	02/26/2014⁽⁶⁾	02/26/2014⁽⁶⁾	Common Stock	49,440	$12.7	D
Stock Appreciation Rights	02/25/2015⁽⁶⁾	02/25/2015⁽⁶⁾	Common Stock	67,568	$17.69	D
Stock Appreciation Rights	12/31/2014⁽⁶⁾	12/31/2014⁽⁶⁾	Common Stock	26,767	$18.19	D
Stock Appreciation Rights	02/28/2013⁽⁶⁾	02/28/2013⁽⁶⁾	Common Stock	24,401	$22.55	D

Explanation of Responses:

1. These options are fully exercisable.

2. Units represent incentive compensation that has been deferred. Units will be settled in cash following separation from service.

3. Each unit represents one phantom share of common stock.

4. Units represent incentive compensation that has been deferred. Units will be settled in cash at a specified later date or upon separation from service.

5. 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.

6. 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.

Remarks:

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	Lawrence A. Fox, by power of atty., for David S. Simmons	12/23/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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