Jason C. Dies - 27 Feb 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
Interim CEO
Signature
/s/ Thomas Seitaridis - POA for Jason C. Dies
Issuer symbol
PBI
Transactions as of
27 Feb 2024
Net transactions value
-$213,332
Form type
4
Filing time
29 Feb 2024, 15:56:53 UTC
Previous filing
20 Feb 2024
Next filing
14 Mar 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 +48,706 +22% $0.000000 267,274 27 Feb 2024 Direct
transaction PBI Common Stock Tax liability $0 -17,979 -6.7% $0.000000 249,295 27 Feb 2024 Direct
transaction PBI Common Stock Options Exercise $0 +19,102 +7.7% $0.000000 268,397 27 Feb 2024 Direct
transaction PBI Common Stock Tax liability $0 -8,852 -3.3% $0.000000 259,545 27 Feb 2024 Direct
holding PBI Common Stock 28,117 27 Feb 2024 DISP

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 $213,332 -48,706 -33% $4.38 97,413 27 Feb 2024 Common Stock 48,706 Direct F1, F2, F3
transaction PBI Restricted Stock Unit Options Exercise $0 -19,102 -33% $0.000000 38,205 27 Feb 2024 Common Stock 19,102 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 over a three year period on the Fourth Tuesday in February.
F4 Each unit represents a contingent right to receive one share of Pitney Bowes common stock that will vest in three equal annual installments beginning with the fourth Tuesday in February 2024.