SEC Form 4 · accession 0001562180-17-000823
PITNEY BOWES INC /DE/ · PBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Goldstein
Officer — EVP/Chief Legal & Compliance
Period of report
Feb 21, 2017
Accepted (ET)
Feb 21, 2017 · 3:02 pm 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 21, 2017 | M | 205 | $0.00 | A | 55,731 | D | |
| Common Stock | Feb 21, 2017 | F | 205 | $13.33 | D | 55,526 | 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 UnitsF2,F3 | — | Feb 21, 2017 | M | 108 | D | — | — | Common Stock | 108 | 27,127 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 21, 2017 | M | 97 | D | — | — | Common Stock | 97 | 27,030 | D |
Explanation of responses
- F1The vesting is to pay for Social Security and Medicare Taxes on the 2015 Grants that were deferred.
- F2Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
- F3Each unit represents a contingent right to receive one share of Pitney Bowes common stock that will vest in three (3) equal annual installments.