PITNEY BOWES INC /DE/ — Director's Dealing 2014

Feb 6, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PITNEY BOWES INC /DE/ (PBI)
CIK: 0000078814
Period of Report: 2014-02-04

Reporting Person: Wright Mark F (Exec VP & Pres PB Software Sol)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-04	Common Stock	M	5252	—	Acquired	20252	Direct
2014-02-04	Common Stock	F	1580	$24.74	Disposed	18672	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-04	Restricted Stock Unit	$0	M	5252	Acquired	2017-02-07	Common Stock (5252)	Direct

Footnotes

F1: The first of four vesting traunches vested, leaving 5,252 shares to vest on 2/3/2015, 5,252 to vest on 2/2/2016 and 5,252 to vest on 2/7/2017.