James Arthur Fairweather - 15 Feb 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Signature
Thomas Seitaridis - POA for James Fairweather
Issuer symbol
PBI
Transactions as of
15 Feb 2024
Net transactions value
+$640,000
Form type
4
Filing time
20 Feb 2024, 16:07:25 UTC
Previous filing
16 Mar 2023
Next filing
29 Feb 2024

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 $640,000 +160,401 +85% $3.99 349,663 15 Feb 2024 Common Stock 160,401 Direct F1, F2, F3
* 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.