Johnna G. Torsone - Mar 8, 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
Stock symbol: PBI
Transactions as of: Mar 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/9/2022, 04:27 PM
Previous filing: Feb 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PBI	Common Stock	Options Exercise	$0	+7.14K	+4.36%	$0.00	171K	Mar 8, 2022	Direct
transaction	PBI	Common Stock	Tax liability	$0	-2.24K	-1.31%	$0.00	168K	Mar 8, 2022	Direct
holding	PBI	Common Stock						1.12K	Mar 8, 2022	By 401(k)
holding	PBI	Common Stock						7K	Mar 8, 2022	Owned by Spouse

Showing 1 to 4 of 4 entries

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	-7.14K	-44.16%	$0.00	9.03K	Mar 8, 2022	Common Stock	7.14K		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.