Schmitt Joseph - Sep 3, 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Signature
Elisabeth Weinberg, as attorney in fact for Schmitt Joseph
Stock symbol
PBI
Transactions as of
Sep 3, 2024
Transactions value $
-$112,317
Form type
4
Date filed
9/5/2024, 05:49 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 +26.1K +15.04% $0.00 200K Sep 3, 2024 Direct
transaction PBI Common Stock Tax liability -$85.1K -12.4K -6.19% $6.88 188K Sep 3, 2024 Direct
transaction PBI Common Stock Options Exercise $0 +8.37K +4.46% $0.00 196K Sep 3, 2024 Direct
transaction PBI Common Stock Tax liability -$27.2K -3.96K -2.02% $6.88 192K Sep 3, 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 -26.1K -100% $0.00 0 Sep 3, 2024 Common Stock 26.1K $0.00 Direct F1, F2
transaction PBI Restricted Stock Units Options Exercise $0 -8.37K -100% $0.00 0 Sep 3, 2024 Common Stock 8.37K $0.00 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.