Shemin Nurmohamed - Mar 14, 2024 Form 4 Insider Report for PITNEY BOWES INC /DE/ (PBI)

Role
EVP & Pres, SendTech Solutions
Signature
Thomas Seitaridis - POA for Shemin Nurmohamed
Stock symbol
PBI
Transactions as of
Mar 14, 2024
Transactions value $
-$784
Form type
4
Date filed
3/18/2024, 04:16 PM
Previous filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBI Common Stock Options Exercise $0 +192 +1.52% $0.00 12.8K Mar 14, 2024 Direct F1
transaction PBI Common Stock Tax liability -$784 -192 -1.5% $4.09 12.6K Mar 14, 2024 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 -192 -1.36% $0.00 13.9K Mar 14, 2024 Common Stock 192 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 2021 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.