4//SEC Filing
Monahan Michael 4
Accession 0001562180-18-000648
CIK 0000078814other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 5:05 PM ET
Size
12.7 KB
Accession
0001562180-18-000648
Insider Transaction Report
Form 4
Monahan Michael
EVP & CFO
Transactions
- Award
Performance Stock Units
2018-02-05$12.64/sh+94,937$1,200,004→ 181,660 total→ Common Stock (94,937 underlying) - Award
Stock Option
2018-02-05+161,943→ 1,348,179 totalFrom: 2019-02-05Exp: 2028-02-05→ Common Stock (161,943 underlying) - Award
Restricted Stock Units
2018-02-05$12.64/sh+31,646$400,005→ 86,729 total→ Common Stock (31,646 underlying)
Footnotes (5)
- [F1]Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
- [F2]Each 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.
- [F3]Each performance stock unit represents a contingent right to receive Pitney Bowes common stock based upon pre-determined performance factors.
- [F4]The performance stock units (PSUs) represent a contingent right to receive Pitney Bowes common stock with a 3 year cliff vesting. The shares that will vest are based on the pre-established performance standards set by the Board upon making each award, and could result in more of less shares being issued at the time of the vesting due to the pre-established performance standards. Depending on financial performance, the resulting number of shares released can range from zero to a maximum of 200% of grant.
- [F5]The grant price for the stock option was calculated at 100% of the closing price on February 5, 2018 which was $12.64.
Issuer
PITNEY BOWES INC /DE/
CIK 0000078814
Entity typeother
Related Parties
1- filerCIK 0001346844
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 5:05 PM ET
- Size
- 12.7 KB