William A. Borrelle - Feb 14, 2023 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
SVP, Chief Marketing Officer
Signature
/s/ George Brereton - POA for William A. Borrelle
Stock symbol
PBI
Transactions as of
Feb 14, 2023
Transactions value $
$219,999
Form type
4
Date filed
2/16/2023, 01:11 PM
Previous filing
Mar 9, 2022
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +9.21K +8.69% $0.00 115K Feb 14, 2023 Direct
transaction PBI Common Stock Tax liability $0 -3.7K -3.21% $0.00 112K Feb 14, 2023 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 -9.21K -52.71% $0.00 8.27K Feb 14, 2023 Common Stock 9.21K Direct F1, F2, F3
transaction PBI Restricted Stock Units Award $220K +50.2K +607.57% $4.38 58.5K Feb 14, 2023 Common Stock 50.2K Direct F1, F2, F4
* 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 The third vesting of the three traunches vesting.
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 Fourth Tuesday In February