William A. Borrelle - Apr 10, 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Signature
Thomas Seitaridis - POA for William A. Borrelle
Stock symbol
PBI
Transactions as of
Apr 10, 2024
Transactions value $
-$43,708
Form type
4
Date filed
4/11/2024, 02:04 PM
Previous filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +33.5K +24.54% $0.00 170K Apr 10, 2024 Direct
transaction PBI Common Stock Tax liability -$43.7K -10.6K -6.23% $4.13 159K Apr 10, 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 +33.5K $0.00* 0 Apr 10, 2024 Common Stock 33.5K 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