PITNEY BOWES INC /DE/ — Director's Dealing 2020

Feb 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PITNEY BOWES INC /DE/ (PBI)
CIK: 0000078814
Period of Report: 2020-02-11

Reporting Person: Dies Jason (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-11	Common Stock	M	56140.00	$0.00	Acquired	77459.4774	Direct
2020-02-11	Common Stock	F	18192.00	$0.00	Disposed	59267.4774	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-11	Restricted Stock Unit	$	M	2770.00	Disposed		Common Stock (2770.00)	Direct
2020-02-11	Restricted Stock Unit	$	M	37994.00	Disposed		Common Stock (37994.00)	Direct
2020-02-11	Restricted Stock Unit	$	M	5275.00	Disposed		Common Stock (5275.00)	Direct
2020-02-11	Restricted Stock Unit	$	M	10101.00	Disposed		Common Stock (10101.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10522.403	Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock.

F2: The final vesting of three tranches vesting.

F3: Each unit represents a contingent right to receive one share of Pitney Bowes common stock that will vest over a three year period on the second Tuesday in February.

F4: The second vesting of the three traunches vesting.

F5: The first vesting of the three traunches vesting.