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

Role
EVP & Chief Financial Officer
Signature
Thomas Seitaridis - POA for Ana Maria Chadwick
Issuer symbol
PBI
Transactions as of
15 Feb 2024
Net transactions value
+$499,999
Form type
4
Filing time
20 Feb 2024, 16:07:17 UTC
Previous filing
07 Jun 2023
Next filing
29 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +18,769 +35% $0.000000 71,880 16 Feb 2024 Direct
transaction PBI Common Stock Tax liability $0 -6,431 -8.9% $0.000000 65,449 16 Feb 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 $499,999 +125,313 +88% $3.99 267,632 15 Feb 2024 Common Stock 125,313 Direct F1, F2, F3
transaction PBI Restricted Stock Units Options Exercise $0 -18,769 -100% $0.000000* 0 16 Feb 2024 Common Stock 18,769 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.