William A. Borrelle - 12 Mar 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role: SVP, Chief Marketing Officer
Signature: Thomas Seitaridis - POA for William A. Borrelle
Issuer symbol: PBI
Transactions as of: 12 Mar 2024
Net transactions value: -$5,441
Form type: 4
Filing time: 14 Mar 2024, 16:13:51 UTC
Previous filing: 29 Feb 2024
Next filing: 11 Apr 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	+4,134	+3.1%	$0.000000	136,287	12 Mar 2024	Direct
transaction	PBI	Common Stock	Tax liability	$5,441	-1,332	-0.98%	$4.08	134,955	12 Mar 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 Units	Options Exercise	$0	-4,134	-100%	$0.000000^*	0	12 Mar 2024	Common Stock	4,134		Direct	F1, F2, F3

* 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 Amended and Restated 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.