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PITNEY BOWES INC /DE/ — Director's Dealing 2005
Feb 17, 2005
31710_dirs_2005-02-16_ab8b4772-0af5-4b42-b573-f1c8a8138ee4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PITNEY BOWES INC /DE/ (PBI)
CIK: 0000078814
Period of Report: 2005-02-14
Reporting Person: TORSONE JOHNNA G (SVP and Chief HR Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-02-14 | Stock Option | $46.93 | A | 4262.0000 | Acquired | 2015-02-13 | Common Stock (4262.0000) | Direct |
| 2005-02-14 | Stock Option | $46.93 | A | 25738.0000 | Acquired | 2015-02-13 | Common Stock (25738.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 26135.0000 | Direct |
| Common Stock | 543.2330 | Indirect |
Footnotes
F1: Shares are held indirectly through the Pitney Bowes Inc. 401(k) Plan and its related excess plan.
F2: Reporting person was awarded these options under the Pitney Bowes Inc. 1991 Stock Plan in a transaction exempt under Rule 16b-3.
The option becomes exercisable in equal installments on the third and fourth anniversary date of grant.
F3: Reporting person was granted these options under the Pitney Bowes Inc. 1991 Stock Option Plan in a transaction exempt under rule 16b-3. The stock option grant provided that 25% of the options become exercisable on the first anniversary of the grant, 25% on the second, 25% on the third and the remaining 25% on the fourth anniversary of the grant.