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: Green Steven J (VP Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-05	Common Stock	M	646	—	Acquired	19022.3999	Direct
2013-02-05	Common Stock	F	274	$13.295	Disposed	18748.3999	Direct
2013-02-05	Common Stock	M	753	—	Acquired	19501.3999	Direct
2013-02-05	Common Stock	F	319	$13.295	Disposed	19182.3999	Direct
2013-02-05	Common Stock	M	621	—	Acquired	19803.3999	Direct
2013-02-05	Common Stock	F	263	$13.295	Disposed	19540.3999	Direct
2013-02-05	Common Stock	M	1184	—	Acquired	20724.3999	Direct
2013-02-05	Common Stock	F	501	$13.295	Disposed	20223.3999	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-05	Restricted Stock Unit	$0	M	646	Disposed	2013-02-05	Common Stock (646)	Direct
2013-02-05	Restricted Stock Unit	$0	M	753	Disposed	2014-02-04	Common Stock (753)	Direct
2013-02-05	Restricted Stock Unit	$0	M	621	Disposed	2015-02-03	Common Stock (621)	Direct
2013-02-05	Restricted Stock Unit	$0	M	1184	Disposed	2016-02-02	Common Stock (1184)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7159.3256	Indirect
Common Stock	659	Indirect

Footnotes

F1: The third of four vesting traunches has vested leaving 752 shares yet to vest on 2/4/2014.

F2: The second of four vesting traunches has vested leaving 621 shares to vest on 2/4/2014 and 621 to vest on 2/3/2015.

F3: The first of four vesting traunches has vested leaving 1,184 shares to vest on 2/4/2014, 1,183 to vest on 2/3/2015 and 1,184 to vest on 2/2/2016.