Gregg Zegras - Mar 14, 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 14, 2024
Transactions value $: -$1,148
Form type: 4
Date filed: 3/18/2024, 04:16 PM
Previous filing: Mar 11, 2024
Next filing: Jul 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PBI	Common Stock	Options Exercise	$0	+281	+0.38%	$0.00	74.2K	Mar 14, 2024	Direct	F1
transaction	PBI	Common Stock	Tax liability	-$1.15K	-281	-0.38%	$4.09	73.9K	Mar 14, 2024	Direct	F1

Showing 1 to 2 of 2 entries

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	-281	-1.02%	$0.00	27.3K	Mar 14, 2024	Common Stock	281		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 2021 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.