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

Role
President, SendTech Solutions
Signature
George Brereton - POA for Shemin Nurmohamed
Issuer symbol
PBI
Transactions as of
12 Sep 2023
Net transactions value
$0
Form type
3
Filing time
21 Sep 2023, 16:16:10 UTC
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PBI Common Stock 10,471 12 Sep 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 12 Sep 2023 Common Stock 14,084 Direct F1, F2
holding PBI Restricted Stock Units 12 Sep 2023 Common Stock 35,251 Direct F1, F3
holding PBI Restricted Stock Units 12 Sep 2023 Common Stock 13,699 Direct F1, F4
holding PBI Restricted Stock Units 12 Sep 2023 Common Stock 877 Direct F1, F5
holding PBI Stock Options 12 Sep 2023 Common Stock 10,628 $12.64 Direct F6
holding PBI Stock Options 12 Sep 2023 Common Stock 60,000 $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.