William A. Borrelle - 14 Mar 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
Issuer symbol: PBI
Transactions as of: 14 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 16 Mar 2023, 09:34:55 UTC
Previous filing: 16 Feb 2023
Next filing: 29 Feb 2024
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	+4,133	+3.7%	$0.000000	115,679	14 Mar 2023	Direct
transaction	PBI	Common Stock	Tax liability	$0	-1,404	-1.2%	$0.000000	114,275	14 Mar 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	-4,133	-7.1%	$0.000000	54,362	14 Mar 2023	Common Stock	4,133		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 including applicable share limits.
F2	Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
F3	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 second Tuesday in March.