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PITNEY BOWES INC /DE/ — Director's Dealing 2021
Mar 5, 2021
31710_dirs_2021-03-05_150ce1ce-4e32-4033-b33b-103b4f354437.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: 2021-03-03
Reporting Person: Lautenbach Marc Bradley (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-03 | Restricted Stock Units | $ | A | 158963.00 | Acquired | Common Stock (158963.00) | Direct | |
| 2021-03-03 | Stock Option | $ | A | 303879.00 | Acquired | 2031-03-02 | Common Stock (303879.00) | Direct |
Footnotes
F1: All awards listed in Table II above are subject to the terms of the 2018 Stock Plan including applicable share limits.
F2: Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
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 March.
F4: The grant price for the stock option was calculated at 100% of the closing price on March 3, 2021 which was $8.87.
F5: Stock Options vest over a three year period on the second Tuesday in March.