Pfizer, Inc., is a large biopharmaceutical manufacturer and a member of the Dow Jones Industrial Average (DOW). With a market capitalization about $200 billion, it is one of Americaâs largest corporations. Pfizerâs financial disclosures for fiscal year 2012 will be used (based on the 2012 10-K) to present the extensive disclosures required by public corporations for both compensation and retirement reporting. Note 13 in the 2012 10-k describes share-based payments: âOur compensation programs can include share-based payments, in the form of stock options, Restricted Stock Units (RSUs), Portfolio Performance Shares (PPSs), Performance Share Awards (PSAs) and Total Shareholder Return Units (TSRUs).â ...
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