Lance Rosenzweig - 22 May 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
Interim CEO, Director
Signature
Thomas Seitaridis - POA for Lance Rosenzweig
Issuer symbol
PBI
Transactions as of
22 May 2024
Net transactions value
-$150,435
Form type
4
Filing time
24 May 2024, 11:30:43 UTC
Previous filing
07 May 2024
Next filing
21 Aug 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 +75,615 +756% $0.000000 85,615 22 May 2024 Direct
transaction PBI Common Stock Tax liability $150,435 -28,627 -33% $5.26 56,988 22 May 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 Award $0 +302,458 +1452% $0.000000 323,290 22 May 2024 Common Stock 302,458 Direct F1, F2
transaction PBI Restricted Stock Units Options Exercise $0 -75,615 -23% $0.000000 247,675 22 May 2024 Common Stock 75,615 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock.
F2 The RSUs were granted on May 22, 2024 and vest in 25% intervals as follows: 5/22/2024, 8/19/2024, 11/18/2024, and 2/17/2025.