Lance Rosenzweig - Aug 19, 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
Interim CEO, Director
Signature
Elisabeth Weinberg - POA for Lance Rosenzweig
Stock symbol
PBI
Transactions as of
Aug 19, 2024
Transactions value $
-$193,582
Form type
4
Date filed
8/21/2024, 05:13 PM
Previous filing
May 24, 2024
Next filing
Oct 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +75.6K +131.66% $0.00 133K Aug 19, 2024 Direct
transaction PBI Common Stock Tax liability -$194K -27K -20.28% $7.18 106K Aug 19, 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 -75.6K -30.53% $0.00 172K Aug 19, 2024 Common Stock 75.6K 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.