William A. Borrelle - 10 Apr 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
10 Apr 2024
Net transactions value
-$43,708
Form type
4
Filing time
11 Apr 2024, 14:04:24 UTC
Previous filing
14 Mar 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 +33,485 +25% $0.000000 169,931 10 Apr 2024 Direct
transaction PBI Common Stock Tax liability $43,708 -10,583 -6.2% $4.13 159,348 10 Apr 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 +33,485 $0.000000* 0 10 Apr 2024 Common Stock 33,485 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William A. Borrelle is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 All awards listed in Table II above are subject to the terms of the 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 Fourth Tuesday In February