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

Role
Interim CEO, Director
Signature
Elisabeth Weinberg - POA for Lance Rosenzweig
Issuer symbol
PBI
Transactions as of
19 Aug 2024
Net transactions value
-$193,582
Form type
4
Filing time
21 Aug 2024, 17:13:14 UTC
Previous filing
24 May 2024
Next filing
30 Oct 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 +75,614 +132% $0.000000 133,047 19 Aug 2024 Direct
transaction PBI Common Stock Tax liability $193,582 -26,980 -20% $7.18 106,067 19 Aug 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 -75,614 -31% $0.000000 172,061 19 Aug 2024 Common Stock 75,614 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.