Schmitt Joseph - 03 Sep 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
SVP, Chief Information Officer
Signature
Elisabeth Weinberg, as attorney in fact for Schmitt Joseph
Issuer symbol
PBI
Transactions as of
03 Sep 2024
Net transactions value
-$112,317
Form type
4
Filing time
05 Sep 2024, 17:49:57 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 +26,137 +15% $0.000000 199,905 03 Sep 2024 Direct
transaction PBI Common Stock Tax liability $85,071 -12,374 -6.2% $6.88 187,531 03 Sep 2024 Direct
transaction PBI Common Stock Options Exercise $0 +8,371 +4.5% $0.000000 195,902 03 Sep 2024 Direct
transaction PBI Common Stock Tax liability $27,246 -3,963 -2% $6.88 191,939 03 Sep 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 -26,137 -100% $0.000000 0 03 Sep 2024 Common Stock 26,137 $0.000000 Direct F1, F2
transaction PBI Restricted Stock Units Options Exercise $0 -8,371 -100% $0.000000 0 03 Sep 2024 Common Stock 8,371 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Schmitt Joseph is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock.
F2 Each unit represents a contingnet right to receive one share of Pitney Bowes common stock that will vest over a three year period on the fourth Tuesday in February.