William A. Borrelle - 15 Feb 2022 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Signature
/s/ George Brereton - POA for William A. Borrelle
Issuer symbol
PBI
Transactions as of
15 Feb 2022
Net transactions value
+$220,002
Form type
4
Filing time
17 Feb 2022, 13:55:59 UTC
Previous filing
09 Feb 2022
Next filing
09 Mar 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 $220,002 +44,807 +207% $4.91 66,421 15 Feb 2022 Common Stock 44,807 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.