SEC Form 4 · accession 0001182489-15-000232
PITNEY BOWES INC /DE/ · PBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Johnna G Torsone
Officer — EVP/Chief HR Officer
Period of report
Feb 3, 2015
Accepted (ET)
Feb 5, 2015 · 10:59 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000078814
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 3, 2015 | M | 1,318 | $0.00 | A | 39,576 | D | |
| Common Stock | Feb 3, 2015 | F | 449 | $22.57 | D | 39,127 | D | |
| Common Stock | Feb 3, 2015 | M | 1,927 | $0.00 | A | 41,054 | D | |
| Common Stock | Feb 3, 2015 | F | 657 | $22.57 | D | 40,397 | D | |
| Common Stock | Feb 3, 2015 | M | 4,115 | $0.00 | A | 44,512 | D | |
| Common Stock | Feb 3, 2015 | F | 1,402 | $22.57 | D | 43,110 | D | |
| Common Stock | Feb 3, 2015 | M | 2,273 | $0.00 | A | 45,383 | D | |
| Common Stock | Feb 3, 2015 | F | 774 | $22.75 | D | 44,609 | D | |
| Common Stock | Feb 3, 2015 | M | 11,218 | $0.00 | A | 55,827 | D | |
| Common Stock | Feb 3, 2015 | F | 3,975 | $22.75 | D | 51,852 | D | |
| Common Stock | holding | — | — | — | 800 | I | By 401(k)plan | |
| Common Stock | holding | — | — | — | 7,000 | I | Owned by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | $0.00 | Feb 3, 2015 | M | 1,318 | D | Feb 3, 2015 | — | Common Stock | 1,318 | 0 | D |
| Restricted Stock UnitF2 | $0.00 | Feb 3, 2015 | M | 1,927 | D | Feb 3, 2015 | — | Common Stock | 1,927 | 1,928 | D |
| Restricted Stock UnitF3 | $0.00 | Feb 3, 2015 | M | 4,115 | D | Feb 3, 2015 | — | Common Stock | 4,115 | 8,231 | D |
| Restricted Stock UnitF4 | $0.00 | Feb 3, 2015 | M | 2,273 | D | Feb 3, 2015 | — | Common Stock | 2,273 | 4,548 | D |
| Market Stock UnitF5 | $0.00 | Feb 3, 2015 | M | 11,218 | D | Feb 3, 2015 | — | Common Stock | 11,218 | 0 | D |
Explanation of responses
- F1The third of four vesting traunches vested, leaving 1,318 shares yet to vest on 2/3/2015.
- F2The second of four vesting traunches vested, leaving 1,927 shares to vest on 2/3/2015 and 1,928 to vest on 2/2/2016.
- F3The first of four vesting traunches vested, leaving 4,115 shares to vest on 2/3/2015, 4,116 to vest on 2/2/2016 and 4,115 to vest on 2/7/2017.
- F4The first of three vesting traunches vested leaving 2,273 shares to vest on 2/2/2016 and 2,275 shares to vest on 2/7/2017.
- F5The MSUs were granted on 2/13/2012 and have a three year cliff vesting.