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

Role
President, Presort Services
Signature
George Brereton - POA for Deborah Pfeiffer
Issuer symbol
PBI
Transactions as of
12 Sep 2023
Net transactions value
$0
Form type
3
Filing time
21 Sep 2023, 16:17:07 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 130,131 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 2,813 Direct F1, F2
holding PBI Restricted Stock Units 12 Sep 2023 Common Stock 7,892 Direct F1, F3
holding PBI Restricted Stock Units 12 Sep 2023 Common Stock 38,017 Direct F1, F4
holding PBI Restricted Stock Units 12 Sep 2023 Common Stock 11,416 Direct F1, F5
holding PBI Restricted Stock Units 12 Sep 2023 Common Stock 1,211 Direct F1, F6
holding PBI Performance Stock Units 12 Sep 2023 Common Stock 948 Direct F7, F8
holding PBI Stock Options 12 Sep 2023 Common Stock 17,668 $16.82 Direct F9
* 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 in three (3) equal annual installments February 9, 2016.
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.
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 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.
F6 Represents DRIP shares accumulated on deferred RSUs under a 409A deferral.
F7 Each performance stock unit represents a contingent right to receive Pitney Bowes common stock based upon pre-determined performance factors.
F8 The performance stock units (PSUs) represent a contingent right to receive Pitney Bowes common stock with a 3 year cliff vesting. The shares that will vest are based on the pre-established performance standards set by the Board upon making each award, and could result in more of less shares being issued at the time of the vesting due to the pre-established performance standards. Depending on financial performance, the resulting number of shares released can range from zero to a maximum of 200% of grant.
F9 The stock option grant vest in three equal annual installments.