Joseph Schmitt - 27 Feb 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
SVP, Chief Information Officer
Signature
Thomas Seitaridis - POA for Joseph Schmitt
Issuer symbol
PBI
Transactions as of
27 Feb 2024
Net transactions value
$0
Form type
4
Filing time
29 Feb 2024, 15:58:09 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 +26,137 +18% $0.000000 173,099 27 Feb 2024 Direct
transaction PBI Common Stock Tax liability $0 -12,504 -7.2% $0.000000 160,595 27 Feb 2024 Direct
transaction PBI Common Stock Options Exercise $0 +4,186 +2.6% $0.000000 164,781 27 Feb 2024 Direct
transaction PBI Common Stock Tax liability $0 -2,003 -1.2% $0.000000 162,778 27 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 Unit Options Exercise $0 -26,137 -50% $0.000000 26,137 27 Feb 2024 Common Stock 26,137 Direct F1, F2, F3
transaction PBI Restricted Stock Units Options Exercise $0 -4,186 -33% $0.000000 8,371 27 Feb 2024 Common Stock 4,186 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 second Tuesday in March.
F4 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.