SEC Form 4 · accession 0001562180-19-000809
PITNEY BOWES INC /DE/ · PBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanley J Sutula III
Officer — Exec. VP & Chief Fin'l Officer
Period of report
Feb 5, 2019
Accepted (ET)
Feb 7, 2019 · 8:24 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000078814
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Feb 5, 2019 | A | 60,606 | A | — | — | Common Stock | 60,606 | 324,251 | D |
| Stock OptionF1,F4 | — | Feb 5, 2019 | A | 201,005 | A | Feb 5, 2020 | Feb 5, 2029 | Common Stock | 201,005 | 622,462 | D |
Explanation of responses
- F1All awards listed in Table II above are subject to the terms of the 2018 Stock Plan including applicable share limits.
- 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 over a three year period on the second Tuesday in February.
- F4The grant price for the stock option was calculated at 100% of the closing price on February 5, 2019 which was $6.60.