Home/Filings/4/0001562180-18-001020
4//SEC Filing

Pilc Roger J 4

Accession 0001562180-18-001020

CIK 0000078814other

Filed

Feb 14, 7:00 PM ET

Accepted

Feb 15, 6:44 PM ET

Size

18.1 KB

Accession

0001562180-18-001020

Insider Transaction Report

Form 4
Period: 2018-02-13
Pilc Roger J
Exec VP & Chief Innov Officer
Transactions
  • Exercise/Conversion

    Restricted Stock Units

    2018-02-134,3068,312 total
    From: 2018-02-13Common Stock (4,306 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2018-02-132,6510 total
    From: 2018-02-13Common Stock (2,651 underlying)
  • Exercise/Conversion

    Common Stock

    2018-02-13+13,08944,724.58 total
  • Exercise/Conversion

    Restricted Stock Units

    2018-02-133,3693,369 total
    From: 2018-02-13Common Stock (3,369 underlying)
  • Tax Payment

    Common Stock

    2018-02-134,31040,414.58 total
  • Exercise/Conversion

    Performance Stock Units

    2018-02-132,7630 total
    From: 2018-02-13Common Stock (2,763 underlying)
Footnotes (6)
  • [F1]Represents 2,763 shares of performance stock units that vested on February 13, 2018 upon the satisfaction of pre-established performance standards. The remaining 10,326 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 of three vesting traunches vested.

Issuer

PITNEY BOWES INC /DE/

CIK 0000078814

Entity typeother

Related Parties

1
  • filerCIK 0001578439

Filing Metadata

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