Marc Bradley Lautenbach - Feb 15, 2022 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Signature
/s/ George Brereton - POA for Marc Bradley Lautenbach
Stock symbol
PBI
Transactions as of
Feb 15, 2022
Transactions value $
$2,820,000
Form type
4
Date filed
2/17/2022, 01:55 PM
Previous filing
Feb 15, 2022
Next filing
Mar 11, 2022

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 Units Award $2.82M +574K +46.12% $4.91 1.82M Feb 15, 2022 Common Stock 574K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All awards listed in Table II above are subject to the terms of the 2018 Stock Plan including applicable share limits.
F2 Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
F3 Each unit represents a contingent right to receive one share of Pitney Bowes common stock that will vest over a three year period on the second Tuesday in March.