Johnna G. Torsone - 08 Mar 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 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 09 Mar 2022, 16:27:22 UTC
Previous 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	+7,140	+4.4%	$0.000000	170,724	08 Mar 2022	Direct
transaction	PBI	Common Stock	Tax liability	$0	-2,238	-1.3%	$0.000000	168,486	08 Mar 2022	Direct
holding	PBI	Common Stock						1,123	08 Mar 2022	By 401(k)
holding	PBI	Common Stock						7,000	08 Mar 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 Units	Options Exercise	$0	-7,140	-44%	$0.000000	9,027	08 Mar 2022	Common Stock	7,140		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.