Joseph Ronald Catapano - 28 Feb 2023 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Signature
/s/ George Brereton - POA for Joseph R. Catapano
Issuer symbol
PBI
Transactions as of
28 Feb 2023
Net transactions value
-$58,336
Form type
4
Filing time
02 Mar 2023, 10:34:58 UTC
Previous filing
16 Feb 2023
Next filing
16 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +11,881 +22% $0.000000 66,242 28 Feb 2023 Direct
transaction PBI Common Stock Tax liability $0 -3,724 -5.6% $0.000000 62,518 28 Feb 2023 Direct
holding PBI Common Stock 1,303 28 Feb 2023 by 401(k)

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 $58,336 -11,881 -22% $4.91 41,306 28 Feb 2023 Common Stock 11,881 Direct F1, F2, F3
* 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 Amended and Restated 2018 Stock Plan Stock Plan including applicable share limits.
F2 Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
F3 The first vesting of the three traunches vesting.