Christoph Stehmann - Feb 21, 2023 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
Exec VP, Enterprise Sol Group
Signature
/s/ George Brereton - POA for Christoph Stehmann
Stock symbol
PBI
Transactions as of
Feb 21, 2023
Transactions value $
-$5,807
Form type
4
Date filed
2/21/2023, 03:40 PM
Previous filing
Feb 16, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +1.36K +8.61% $0.00 17.2K Feb 21, 2023 Direct F1
transaction PBI Common Stock Tax liability -$5.81K -1.36K -7.93% $4.26 15.8K Feb 21, 2023 Direct F1

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 -1.36K -0.79% $0.00 172K Feb 21, 2023 Common Stock 1.36K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The vesting is to pay for Social Security and Medicare Taxes on the 2020 Grant that was deferred.
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 in three (3) equal annual installments.