PITNEY BOWES INC /DE/ — Director's Dealing 2016

Feb 3, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PITNEY BOWES INC /DE/ (PBI)
CIK: 0000078814
Period of Report: 2016-02-02

Reporting Person: Wright Mark F (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-02	Common Stock	M	5252.00	$0.00	Acquired	49463.3298	Direct
2016-02-02	Common Stock	F	1663.00	$17.28	Disposed	47800.3298	Direct
2016-02-02	Common Stock	M	2991.00	$0.00	Acquired	50791.3298	Direct
2016-02-02	Common Stock	F	792.00	$17.28	Disposed	49999.3298	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-02	Restricted Stock Unit	$0.00	M	5252.00	Disposed		Common Stock (5252.00)	Direct
2016-02-02	Restricted Stock Unit	$0.00	M	2991.00	Disposed		Common Stock (2991.00)	Direct

Footnotes

F1: The third off four vesting traunches vested, leaving 5,252 to vest on 2/7/2017.

F2: The second of three vesting traunches vested, leaving 2,993 to vest on 2/7/2017.