ROBERT M. DUTKOWSKY - 29 Apr 2022 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
Director
Signature
/s/ George Brereton - POA for Robert Dutkowsky
Issuer symbol
PBI
Transactions as of
29 Apr 2022
Net transactions value
$0
Form type
4
Filing time
03 May 2022, 16:41:56 UTC
Previous filing
04 Apr 2022
Next filing
07 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Award $0 +13,495 +18% $0.000000 86,591 29 Apr 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 -13,495 -100% $0.000000* 0 29 Apr 2022 Common Stock 13,495 Direct F1, F2
transaction PBI Restricted Stock Units Award $0 +19,802 $0.000000 19,802 02 May 2022 Common Stock 19,802 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock.
F2 Each unit represents a contingent right to receive one share of Pitney Bowes common stock that will cliff vest 100% in one year (as defined in the Amended and Restated Pitney Bowes Inc. 2018 Stock Plan).
F3 The RSUs were granted on May 2, 2022 and have a one year (as defined in the Amended and Restated Pitney Bowes Inc. 2018 Stock Plan) cliff vesting.