SEC Form 4 · accession 0001562180-16-003156
PITNEY BOWES INC /DE/ · PBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Linda S Sanford
Director
Period of report
Sep 21, 2016
Accepted (ET)
Sep 21, 2016 · 6:51 pm EDT
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 | Sep 21, 2016 | M | 3,123 | $17.555 | A | 8,123 | D |
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,F2 | — | Sep 21, 2016 | M | 3,123 | D | Sep 21, 2016 | — | Common Stock | 3,123 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock.
- F2Each unit represents a contingent right to receive one share of Pitney Bowes common stock that cliff vests 100% on one year anniversary date.