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4//SEC Filing

Monahan Michael 4

Accession 0001562180-18-001021

CIK 0000078814other

View on SEC.gov Company Profile

Filed

Feb 14, 7:00 PM ET

Accepted

Feb 15, 6:44 PM ET

Size

18.8 KB

Accession

0001562180-18-001021

Insider Transaction Report

Form 4

Period: 2018-02-13

PITNEY BOWES INC /DE/PBI

Monahan Michael

EVP & CFO

Transactions

Exercise/Conversion
Common Stock
2018-02-13+36,109→ 195,952.415 total
Exercise/Conversion
Performance Stock Units
2018-02-13−9,216→ 0 total
From: 2018-02-13→ Common Stock (9,216 underlying)
Tax Payment
Common Stock
2018-02-13−11,465→ 184,487.415 total
Exercise/Conversion
Restricted Stock Units
2018-02-13−10,132→ 10,132 total
From: 2018-02-13→ Common Stock (10,132 underlying)
Exercise/Conversion
Restricted Stock Units
2018-02-13−7,927→ 7,927 total
From: 2018-02-13→ Common Stock (7,927 underlying)
Exercise/Conversion
Restricted Stock Units
2018-02-13−8,834→ 0 total
From: 2018-02-13→ Common Stock (8,834 underlying)

Holdings

Common Stock
(indirect: By 401(k))
11,285.045

Footnotes (6)

[F1]Represents 9,216 shares of performance stock units that vested on February 13, 2018 upon the satisfaction of pre-established performance standards. The remaining 26,893 shares represent the settlement of restricted stock units upon vesting of such units granted in February 2015, 2016 and 2017.
[F2]Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
[F3]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 market-based and nonmarket-based factors, such as achievement of pre-established financial metrics, the resulting number of shares released can range from zero to 200% of the grant, subject to the per individual share grant limit imposed by the Stock Plan.
[F4]The first vesting of three tranches vesting.
[F5]The second vesting of three tranches vesting.
[F6]The final vesting of three tranches vesting.

Documents

2 files

Issuer

PITNEY BOWES INC /DE/

CIK 0000078814

Entity typeother

Related Parties

1

filerCIK 0001346844

Filing Metadata

Form type: 4
Filed: Feb 14, 7:00 PM ET
Accepted: Feb 15, 6:44 PM ET
Size: 18.8 KB

View on SEC.gov