Johnna G. Torsone - 08 Feb 2022 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
EVP/Chief HR Officer
Signature
/s/ George Brereton - POA for Johnna G. Torsone
Issuer symbol
PBI
Transactions as of
08 Feb 2022
Net transactions value
$0
Form type
4
Filing time
09 Feb 2022, 18:12:24 UTC
Next filing
17 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +18,797 +15% $0.000000 141,762 08 Feb 2022 Direct
transaction PBI Common Stock Tax liability $0 -5,892 -4.2% $0.000000 135,870 08 Feb 2022 Direct
transaction PBI Common Stock Award $0 +42,000 +31% $0.000000 177,870 08 Feb 2022 Direct
transaction PBI Common Stock Tax liability $0 -14,286 -8% $0.000000 163,584 08 Feb 2022 Direct
holding PBI Common Stock 1,123 08 Feb 2022 By 401(k)
holding PBI Common Stock 7,000 08 Feb 2022 Owned by Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PBI Restricted Stock Unit Options Exercise $0 -7,071 -100% $0.000000* 0 08 Feb 2022 Common Stock 7,071 Direct F1, F2
transaction PBI Restricted Stock Units Options Exercise $0 -11,726 -50% $0.000000 11,725 08 Feb 2022 Common Stock 11,726 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock.
F2 The third vesting of the three traunches vesting.
F3 The second vesting of the three traunches vesting.