SEC Form 4 · accession 0001562180-19-001166
PITNEY BOWES INC /DE/ · PBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lila Snyder
Officer — Exec VP, Glbl Ecomm & Shipping
Period of report
Feb 20, 2019
Accepted (ET)
Feb 21, 2019 · 4:27 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 20, 2019 | M | 51 | $0.00 | A | 25,332 | D | |
| Common Stock | Feb 20, 2019 | F | 51 | $7.22 | D | 25,281 | 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 20, 2019 | M | 51 | D | — | — | Common Stock | 51 | 6,979 | D |
Explanation of responses
- F1The vesting is to pay for Social security and Medicare taxes for the deferred 2016 Grant.
- 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.