Shemin Nurmohamed - Sep 12, 2023 Form 3 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
President, SendTech Solutions
Signature
George Brereton - POA for Shemin Nurmohamed
Stock symbol
PBI
Transactions as of
Sep 12, 2023
Transactions value $
$0
Form type
3
Date filed
9/21/2023, 04:16 PM
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PBI Common Stock 10.5K Sep 12, 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
holding PBI Restricted Stock Units Sep 12, 2023 Common Stock 14.1K Direct F1, F2
holding PBI Restricted Stock Units Sep 12, 2023 Common Stock 35.3K Direct F1, F3
holding PBI Restricted Stock Units Sep 12, 2023 Common Stock 13.7K Direct F1, F4
holding PBI Restricted Stock Units Sep 12, 2023 Common Stock 877 Direct F1, F5
holding PBI Stock Options Sep 12, 2023 Common Stock 10.6K $12.64 Direct F6
holding PBI Stock Options Sep 12, 2023 Common Stock 60K $5.99 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock.
F2 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.
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 Fourth Tuesday in February.
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.
F5 Represents DRIP shares accumulated on deferred RSUs under a 409A deferral.
F6 The stock option grant vest in three equal annual installments.
F7 The stock option grant has a three year cliff vesting.