Gregg Zegras - Mar 7, 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
Exec. VP & P. Global Ecommerce
Signature
/s/ Thomas Seitaridis - POA for Gregg Zegras
Stock symbol
PBI
Transactions as of
Mar 7, 2024
Transactions value $
-$4,445
Form type
4
Date filed
3/11/2024, 06:15 PM
Previous filing
Feb 20, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +1.15K +1.64% $0.00 71.1K Mar 7, 2024 Direct F1
transaction PBI Common Stock Tax liability -$4.44K -1.15K -1.61% $3.88 69.9K Mar 7, 2024 Direct F1

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 $0 -1.15K -1% $0.00 113K Mar 7, 2024 Common Stock 1.15K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The vesting is to pay for Social Security and Medicare Taxes on the 2023 Grant that was deferred.
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 in three (3) equal annual installments.