James Fairweather - 12 Mar 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Signature
Thomas Seitaridis - POA for James Fairweather
Issuer symbol
PBI
Transactions as of
12 Mar 2024
Net transactions value
-$39,351
Form type
4
Filing time
14 Mar 2024, 16:14:26 UTC
Previous filing
29 Feb 2024
Next filing
27 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +30,252 +13% $0.000000 265,770 12 Mar 2024 Direct
transaction PBI Common Stock Tax liability $39,351 -9,633 -3.6% $4.08 256,137 12 Mar 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 -30,252 -100% $0.000000* 0 12 Mar 2024 Common Stock 30,252 Direct F1, F2, F3
* 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 Amended and Restated 2018 Stock Plan including applicable share limits.
F2 Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
F3 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 second Tuesday in March.