Marc Bradley Lautenbach - Mar 16, 2023 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
President and CEO
Signature
/s/ George Brereton - POA for Marc Bradley Lautenbach
Stock symbol
PBI
Transactions as of
Mar 16, 2023
Transactions value $
-$6,700
Form type
4
Date filed
3/17/2023, 06:16 PM
Previous filing
Feb 21, 2023
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +1.75K +0.69% $0.00 254K Mar 16, 2023 Direct F1
transaction PBI Common Stock Tax liability -$6.7K -1.75K -0.69% $3.82 252K Mar 16, 2023 Direct F1

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 -1.75K -0.09% $0.00 1.97M Mar 16, 2023 Common Stock 1.75K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The vesting is to pay for Social Security and Medicare Taxes on the 2021 Grant that was deferred.
F2 All awards listed in Table II above are subject to the terms of the Amended and Restated 2018 Stock Plan including applicable share limits.
F3 Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
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 second Tuesday in March.