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PITNEY BOWES INC /DE/ — Director's Dealing 2017
Aug 11, 2017
31710_dirs_2017-08-11_89f31463-706c-4a3e-bac0-0d911880f5b3.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PITNEY BOWES INC /DE/ (PBI)
CIK: 0000078814
Period of Report: 2017-08-04
Reporting Person: Catapano Joseph Ronald (N/A)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4425.0298 | Direct |
| Common Stock | 978.9332 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (217.00) | Direct | ||
| Restricted Stock Units | $ | Common Stock (389.00) | Direct | ||
| Restricted Stock Units | $ | Common Stock (3258.00) | Direct | ||
| Performance Stock Units | $ | Common Stock (834.00) | Direct | ||
| Performance Stock Units | $ | Common Stock (1748.00) | Direct | ||
| Performance Stock Units | $ | Common Stock (1396.00) | Direct | ||
| Stock Options | $36.96 | 2018-02-10 | Common Stock (2425.00) | Direct | |
| Stock Options | $24.75 | 2019-02-08 | Common Stock (3956.00) | Direct | |
| Stock Options | $22.09 | 2020-02-07 | Common Stock (4379.00) | Direct | |
| Stock Options | $26.07 | 2021-02-13 | Common Stock (3486.00) | Direct | |
| Stock Options | $16.82 | 2026-02-07 | Common Stock (3463.00) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock.
F2: The restricted stock units vest in three equal annual installments.
F3: Each performance stock unit represents a contingent right to receive Pitney Bowes common stock based upon pre-determined performance factors.
F4: The performance stock units (PSUs) represent a contingent right to receive Pitney Bowes common stock with a 3 year cliff vesting. The shares that will vest are based on the pre-established performance standards set by the Board upon making each award, and could result in more of less shares being issued at the time of the vesting due to the pre-established performance standards. Depending on financial performance, the resulting number of shares released can range from zero to a maximum of 200% of grant.
F5: The stock option grant vest in four equal annual installments.
F6: The stock option grant vest in three equal annual installments.