Jason C. Dies - 14 Feb 2023 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role: EVP & Pres. of SMB Solutions
Signature: /s/ George Brereton - POA for Jason C. Dies
Issuer symbol: PBI
Transactions as of: 14 Feb 2023
Net transactions value: +$640,001
Form type: 4
Filing time: 16 Feb 2023, 13:11:11 UTC
Previous filing: 09 Mar 2022
Next filing: 16 Mar 2023
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	+21,776	+12%	$0.000000	208,113	14 Feb 2023	Direct
transaction	PBI	Common Stock	Tax liability	$0	-7,766	-3.7%	$0.000000	200,347	14 Feb 2023	Direct
holding	PBI	Common Stock						20,614	14 Feb 2023	DISP

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	-21,776	-48%	$0.000000	23,267	14 Feb 2023	Common Stock	21,776		Direct	F1, F2, F3
transaction	PBI	Restricted Stock Units	Award	$640,001	+146,119	+628%	$4.38	169,386	14 Feb 2023	Common Stock	146,119		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.