Schmitt Joseph - Mar 12, 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: Mar 12, 2024
Transactions value $: -$28,276
Form type: 4
Date filed: 3/14/2024, 04:15 PM
Previous filing: Feb 29, 2024
Next filing: Sep 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PBI	Common Stock	Options Exercise	$0	+14.5K	+8.89%	$0.00	177K	Mar 12, 2024	Direct
transaction	PBI	Common Stock	Tax liability	-$28.3K	-6.92K	-3.91%	$4.09	170K	Mar 12, 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	-14.5K	-100%	$0.00^*	0	Mar 12, 2024	Common Stock	14.5K		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.