SEC Form 4 · accession 0001562180-18-001533
PITNEY BOWES INC /DE/ · PBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Shearer
Officer — Exec VP & Pres SMB Mail Sol
Period of report
Mar 6, 2018
Accepted (ET)
Mar 7, 2018 · 3:04 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 StockF1 | Mar 6, 2018 | M | 5,153 | $0.00 | A | 94,002 | D | |
| Common Stock | Mar 6, 2018 | F | 1,615 | $12.74 | D | 92,387 | D | |
| Common StockF1 | Mar 6, 2018 | M | 13,171 | $0.00 | A | 105,558 | D | |
| Common Stock | Mar 6, 2018 | F | 4,128 | $12.74 | D | 101,430 | 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,F1 | — | Mar 6, 2018 | M | 5,153 | D | — | — | Common Stock | 5,153 | 0 | D |
| Restricted Stock UnitsF2,F1 | — | Mar 6, 2018 | M | 13,171 | D | — | — | Common Stock | 13,171 | 0 | D |
Explanation of responses
- F1The settlement of these restricted stock units has been accelerated on the effective date of the reporting person's retirement from the issuer pursuant to the terms of the reporting person's Restricted Stock Unit Agreement with the issuer.
- F2Each unit represents a contingent right to receive one share of Pitney Bowes common stock.