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

Role
Interim CEO
Signature
/s/ Thomas Seitaridis - POA for Jason C. Dies
Stock symbol
PBI
Transactions as of
Feb 27, 2024
Transactions value $
-$213,332
Form type
4
Date filed
2/29/2024, 03:56 PM
Previous filing
Feb 20, 2024
Next filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +48.7K +22.28% $0.00 267K Feb 27, 2024 Direct
transaction PBI Common Stock Tax liability $0 -18K -6.73% $0.00 249K Feb 27, 2024 Direct
transaction PBI Common Stock Options Exercise $0 +19.1K +7.66% $0.00 268K Feb 27, 2024 Direct
transaction PBI Common Stock Tax liability $0 -8.85K -3.3% $0.00 260K Feb 27, 2024 Direct
holding PBI Common Stock 28.1K Feb 27, 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 -$213K -48.7K -33.33% $4.38 97.4K Feb 27, 2024 Common Stock 48.7K Direct F1, F2, F3
transaction PBI Restricted Stock Unit Options Exercise $0 -19.1K -33.33% $0.00 38.2K Feb 27, 2024 Common Stock 19.1K 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.