Gregg Zegras - 14 Mar 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
Issuer symbol
PBI
Transactions as of
14 Mar 2024
Net transactions value
-$1,148
Form type
4
Filing time
18 Mar 2024, 16:16:43 UTC
Previous filing
11 Mar 2024
Next filing
08 Jul 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 +281 +0.38% $0.000000 74,200 14 Mar 2024 Direct F1
transaction PBI Common Stock Tax liability $1,148 -281 -0.38% $4.08 73,919 14 Mar 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 -281 -1% $0.000000 27,336 14 Mar 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.