William A. Borrelle - Mar 8, 2022 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role: SVP, Chief Marketing Officer
Signature: /s/ George Brereton - POA for William A. Borrelle
Stock symbol: PBI
Transactions as of: Mar 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/9/2022, 04:25 PM
Previous filing: Feb 17, 2022
Next filing: Feb 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PBI	Common Stock	Options Exercise	$0	+4.13K	+4.22%	$0.00	102K	Mar 8, 2022	Direct
transaction	PBI	Common Stock	Tax liability	$0	-1.41K	-1.38%	$0.00	101K	Mar 8, 2022	Direct

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	Options Exercise	$0	-4.13K	-6.22%	$0.00	62.3K	Mar 8, 2022	Common Stock	4.13K		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.