Ana Maria Chadwick - Feb 15, 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
EVP & Chief Financial Officer
Signature
Thomas Seitaridis - POA for Ana Maria Chadwick
Stock symbol
PBI
Transactions as of
Feb 15, 2024
Transactions value $
$499,999
Form type
4
Date filed
2/20/2024, 04:07 PM
Previous filing
Jun 7, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +18.8K +35.34% $0.00 71.9K Feb 16, 2024 Direct
transaction PBI Common Stock Tax liability $0 -6.43K -8.95% $0.00 65.4K Feb 16, 2024 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 Award $500K +125K +88.05% $3.99 268K Feb 15, 2024 Common Stock 125K Direct F1, F2, F3
transaction PBI Restricted Stock Units Options Exercise $0 -18.8K -100% $0.00* 0 Feb 16, 2024 Common Stock 18.8K Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 pro rata annually over a three year period on the Fourth Tuesday in February.
F4 The restricted stock units vested in three equal annual installments.