Marc Bradley Lautenbach - 05 Oct 2023 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Signature
/s/ George Brereton - POA for Marc Bradley Lautenbach
Issuer symbol
PBI
Transactions as of
05 Oct 2023
Net transactions value
-$6,712
Form type
4
Filing time
05 Oct 2023, 15:24:41 UTC
Previous filing
29 Sep 2023
Next filing
02 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +1,977 +0.78% $0.000000 254,399 05 Oct 2023 Direct
transaction PBI Common Stock Tax liability $6,712 -1,977 -0.78% $3.40 252,422 05 Oct 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 -1,977 -0.1% $0.000000 1,965,887 05 Oct 2023 Common Stock 1,977 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Marc Bradley Lautenbach is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 All awards listed in Table II above are subject to the terms of the 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.