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PITNEY BOWES INC /DE/ — Director's Dealing 2013
Jun 4, 2013
31710_dirs_2013-06-04_877f7ff3-b5ea-4dcc-a131-330040014be2.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: 2013-06-03
Reporting Person: Pilc Roger J (Exec VP & Chief Innov Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-06-03 | Restricted Stock Units | $ | A | 8651 | Acquired | Common Stock (8651) | Direct | |
| 2013-06-03 | Restricted Stock Units | $ | A | 13841 | Acquired | Common Stock (13841) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes common stock.
F2: The Restricted Stock Units (RSUs) were granted to the Reporting Person by the issuer as part of equity incentive grants made by the issuer on June 3, 2013 utilizing a fair market value (FMV) of a $14.45. The restricted stock units will vest 50% on June 3, 2014 and the remaining 50% on the February 3, 2015.
F3: The Restricted Stock Units (RSUs) were granted to the Reporting Person by the issuer as part of equity incentive grants made by the issuer on June 3, 2013 utilizing a fair market value (FMV) of a $14.45. The restricted stock units will vest in four equal installments with the first one being June 3, 2014 and remaining on the first Tuesday of February 2015, February 2016, & February 2017.