TORSONE JOHNNA G 4
4 · PITNEY BOWES INC /DE/ · Filed Feb 10, 2021
Insider Transaction Report
Form 4
TORSONE JOHNNA G
EVP & Chief HR Officer
Transactions
- Tax Payment
Common Stock
2021-02-09−12,525→ 122,619 total - Exercise/Conversion
Restricted Stock Unit
2021-02-09−3,006→ 0 totalFrom: 2021-02-09→ Common Stock (3,006 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-02-09−7,070→ 7,071 totalFrom: 2021-02-09→ Common Stock (7,070 underlying) - Exercise/Conversion
Restricted Stock Units
2021-02-09−11,725→ 23,451 totalFrom: 2021-02-09→ Common Stock (11,725 underlying) - Exercise/Conversion
Performance Stock Units
2021-02-09−15,693→ 0 total→ Common Stock (15,693 underlying) - Exercise/Conversion
Common Stock
2021-02-09+37,494→ 135,144 total
Holdings
- 7,000(indirect: By Spouse)
Common Stock
- 1,076.529(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock.
- [F2]The third vesting of the three traunches vesting.
- [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 second vesting of the three traunches vesting.
- [F6]The first vesting of the three traunches vesting.