Gregg Zegras - Mar 10, 2022 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
Exec. VP & P, Global Ecommerce
Signature
/s/ Thomas Seitaridis - POA for Gregg Zegras
Stock symbol
PBI
Transactions as of
Mar 10, 2022
Transactions value $
-$1,379
Form type
4
Date filed
3/11/2022, 11:37 AM
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 +284 +0.48% $0.00 59.9K Mar 10, 2022 Direct F1
transaction PBI Common Stock Tax liability -$1.38K -284 -0.47% $4.86 59.7K Mar 10, 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 -284 -0.19% $0.00 147K Mar 10, 2022 Common Stock 284 Direct F1, F2, F3
* 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 2018, 2019 and 2020 Grants that were deferred.
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 in three (3) equal annual installments.