Marc Bradley Lautenbach - 10 Mar 2022 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
President and CEO
Signature
/s/ George Brereton - POA for Marc Bradley Lautenbach
Issuer symbol
PBI
Transactions as of
10 Mar 2022
Net transactions value
-$8,516
Form type
4
Filing time
11 Mar 2022, 11:36:52 UTC
Previous filing
17 Feb 2022
Next filing
01 Apr 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 +1,754 +0.69% $0.000000 254,176 10 Mar 2022 Direct F1
transaction PBI Common Stock Tax liability $8,516 -1,754 -0.69% $4.86 252,422 10 Mar 2022 Direct F1

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 -1,754 -0.1% $0.000000 1,817,830 10 Mar 2022 Common Stock 1,754 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The vesting is to pay for Social Security and Medicare Taxes on the 2021 Grant that was deferred.
F2 All awards listed in Table II above are subject to the terms of the 2018 Stock Plan including applicable share limits.
F3 Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
F4 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.