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

Role
SVP, Chief Information Officer
Signature
Thomas Seitaridis - POA for Joseph Schmitt
Stock symbol
PBI
Transactions as of
Feb 27, 2024
Transactions value $
$0
Form type
4
Date filed
2/29/2024, 03:58 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 +26.1K +17.78% $0.00 173K Feb 27, 2024 Direct
transaction PBI Common Stock Tax liability $0 -12.5K -7.22% $0.00 161K Feb 27, 2024 Direct
transaction PBI Common Stock Options Exercise $0 +4.19K +2.61% $0.00 165K Feb 27, 2024 Direct
transaction PBI Common Stock Tax liability $0 -2K -1.22% $0.00 163K Feb 27, 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 -26.1K -50% $0.00 26.1K Feb 27, 2024 Common Stock 26.1K Direct F1, F2, F3
transaction PBI Restricted Stock Units Options Exercise $0 -4.19K -33.34% $0.00 8.37K Feb 27, 2024 Common Stock 4.19K 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.