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PITNEY BOWES INC /DE/ — Director's Dealing 2023
Sep 21, 2023
31710_dirs_2023-09-21_64d48e8c-64bb-4333-bccf-fb045ebc01ce.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: 2023-09-12
Reporting Person: Pfeiffer Deborah (N/A)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 130130.8218 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (2813.00) | Direct | ||
| Restricted Stock Units | $ | Common Stock (7892.00) | Direct | ||
| Restricted Stock Units | $ | Common Stock (38017.00) | Direct | ||
| Restricted Stock Units | $ | Common Stock (11416.00) | Direct | ||
| Restricted Stock Units | $ | Common Stock (1210.9397) | Direct | ||
| Performance Stock Units | $ | Common Stock (948.00) | Direct | ||
| Stock Options | $16.82 | 2026-02-07 | Common Stock (17668.00) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock.
F2: Each unit represents a contingent right to receive one share of Pitney Bowes common stock that will vest in three (3) equal annual installments February 9, 2016.
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: 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 Fourth Tuesday in February.
F5: 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 Fourth Tuesday in February.
F6: Represents DRIP shares accumulated on deferred RSUs under a 409A deferral.
F7: Each performance stock unit represents a contingent right to receive Pitney Bowes common stock based upon pre-determined performance factors.
F8: 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.
F9: The stock option grant vest in three equal annual installments.