James Fairweather - 14 Feb 2023 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
EVP & Chief Innovation Officer
Signature
George Brereton - POA for James Fairweather
Issuer symbol
PBI
Transactions as of
14 Feb 2023
Net transactions value
+$640,001
Form type
4
Filing time
16 Feb 2023, 13:11:17 UTC
Previous filing
01 Aug 2022
Next filing
16 Mar 2023
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 +46,901 +31% $0.000000 198,715 14 Feb 2023 Direct
transaction PBI Common Stock Tax liability $0 -23,123 -12% $0.000000 175,592 14 Feb 2023 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 -23,123 -24% $0.000000 72,719 14 Feb 2023 Common Stock 23,123 Direct F1, F2, F3
transaction PBI Restricted Stock Units Award $640,001 +146,119 +201% $4.38 218,838 14 Feb 2023 Common Stock 146,119 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All awards listed in Table II above are subject to the terms of the 2018 Stock Plan including applicable share limits.
F2 Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
F3 The third vesting of the three traunches vesting.
F4 Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
F5 Each unit represents a contingent right to receive one share of Pitney Bowes common stock that will vest over a three year period on the Fourth Tuesday in February.