Gregg Zegras - Feb 14, 2023 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
Feb 14, 2023
Transactions value $
$499,999
Form type
4
Date filed
2/16/2023, 01:11 PM
Previous filing
Mar 11, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +17.6K +29.22% $0.00 77.8K Feb 14, 2023 Direct
transaction PBI Common Stock Tax liability $0 -7.85K -10.1% $0.00 69.9K 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 -17.6K -38.35% $0.00 28.3K Feb 14, 2023 Common Stock 17.6K Direct F1, F2, F3
transaction PBI Restricted Stock Units Award $500K +114K +403.8% $4.38 142K Feb 14, 2023 Common Stock 114K 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.