PITNEY BOWES INC /DE/ — Director's Dealing 2013

Feb 6, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PITNEY BOWES INC /DE/ (PBI)
CIK: 0000078814
Period of Report: 2013-02-05

Reporting Person: Monahan Michael (VP/Finance & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-05	Common Stock	M	2778	—	Acquired	41415.8269	Direct
2013-02-05	Common Stock	F	921	$13.295	Disposed	40494.8269	Direct
2013-02-05	Common Stock	M	3395	—	Acquired	43889.8269	Direct
2013-02-05	Common Stock	F	1159	$13.295	Disposed	42730.8269	Direct
2013-02-05	Common Stock	M	3116	—	Acquired	45846.8269	Direct
2013-02-05	Common Stock	F	1033	$13.295	Disposed	44813.8269	Direct
2013-02-05	Common Stock	M	4397	—	Acquired	49210.8269	Direct
2013-02-05	Common Stock	F	1731	$13.295	Disposed	47479.8269	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-05	Restricted Stock Unit	$0	M	2778	Disposed	2013-02-05	Common Stock (2778)	Direct
2013-02-05	Restricted Stock Unit	$0	M	3395	Disposed	2014-02-04	Common Stock (3395)	Direct
2013-02-05	Restricted Stock Unit	$0	M	3116	Disposed	2015-02-03	Common Stock (3116)	Direct
2013-02-05	Restricted Stock Unit	$0	M	4397	Disposed	2016-02-02	Common Stock (4397)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9048.2958	Indirect

Footnotes

F1: The third of four vesting traunches has vested leaving 3,395 shares yet to vest on 2/4/2014.

F2: The second of four vesting traunches has vested leaving 3,117 shares to vest on 2/4/2014 and 3,116 to vest on 2/3/2015.

F3: The first of four vesting traunches has vested leaving 4,397 shares to vest on 2/4/2014, 4,396 to vest on 2/3/2015 and 4,397 to vest on 2/2/2016.