0001562180-16-001595.txt : 20160210
0001562180-16-001595.hdr.sgml : 20160210
20160210163835
ACCESSION NUMBER: 0001562180-16-001595
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20160208
FILED AS OF DATE: 20160210
DATE AS OF CHANGE: 20160210
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PITNEY BOWES INC /DE/
CENTRAL INDEX KEY: 0000078814
STANDARD INDUSTRIAL CLASSIFICATION: OFFICE MACHINES, NEC [3579]
IRS NUMBER: 060495050
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: PITNEY BOWES INC
STREET 2: 3001 SUMMER STREET
CITY: STAMFORD
STATE: CT
ZIP: 06926-0700
BUSINESS PHONE: 203-356-5000
MAIL ADDRESS:
STREET 1: 3001 SUMMER STREET
CITY: STAMFORD
STATE: CT
ZIP: 06926-0700
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Christoph Stehmann
CENTRAL INDEX KEY: 0001660153
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03579
FILM NUMBER: 161406224
MAIL ADDRESS:
STREET 1: 3001 SUMMER STREET
CITY: STAMFORD
STATE: CT
ZIP: 06926
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2016-02-08
false
0000078814
PITNEY BOWES INC /DE/
PBI
0001660153
Christoph Stehmann
3001 SUMMER STREET
STAMFORD
CT
06926
false
true
false
false
Exec VP, Enterprise Sol Group
Common Stock
2016-02-09
4
M
false
1281.00
0.00
A
4320.7232
D
Common Stock
2016-02-09
4
F
false
410.00
16.79
D
3910.7232
D
Restricted Stock Units
2016-02-08
4
A
false
5945.00
16.82
A
Common Stock
5945.00
10732.00
D
Performance Stock Units
2016-02-08
4
A
false
17836.00
16.82
A
Common Stock
17836.00
32909.00
D
Stock Option
2016-02-08
4
A
false
35336.00
0.00
A
2017-02-08
2026-02-08
Common Stock
35336.00
54128.00
D
Restricted Stock Units
0.00
2016-02-09
4
M
false
1281.00
0.00
D
2016-02-09
Common Stock
1281.00
2562.00
D
Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
Each unit represents a contingent right to receive one share of Pitney Bowes common stock that will vest in three (3) equal annual installments.
Each performance stock unit represents a contingent right to receive Pitney Bowes common stock based upon pre-determined performance factors.
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.
The grant price for the stock option was calculated at 100% of the closing price on February 8, 2016 which was $16.82
The first of three vesting traunches vested, leaving 1,281 to vest on 2/14/2017 and 1,281 to vest on 2/13/2018.
/s/ Laurie Bellocchio - POA for Christoph Stehmann
2016-02-10
EX-24
2
stehman.txt
POA
POWER OF ATTORNEY
Know All By These Present, that the undersigned
constitutes and appoints Laurie Bellocchio, Richard
Martorana and Peter Panzarella, and each of them
acting individually, as true and lawful attorneys-in-
fact and agents, with full power of substitution and
resubstitution, for the undersigned and in the
undersigned's name, place and stead, in any and all
capacities to:
(i) Sign any Form 3, 4 or 5, and any and
amendedments thereto, in accordance
with Sec 16(a) of the Securities Act of
1934 ("Exchange Act")and the regulations
thereunder, and
(ii) File such Forms 3, 4, 5, or amendments
thereto, and all documents in connection
therewith with the Securities and Exchange
Commission and any applicable stock exchange.
The undersigned further grants unto said attorneys-
in-fact and agents, and each of them, full power and
authhority to do and perform each and every act and
thing requisite and necessary to be done with respect
to the filing of the Forms 3, 4 and 5 or any amendments
thereto as fully to all intents and purposes as the
undersigned might or could do in person, hereby
ratifying and confirming all that said attorneys-in-
fact and agents of any of them, or their substitutes,
may lawfully do or cause to be done by virtue hereof.
The undersigned acknowledges that the foregoing
attorneys-in-fact, in serving such a capacity, at
the request of the undersigned, are not assuming any
of the undersigned's responsibilities to comply
with Section 16 of the Exchange Act.
This Power of Attorney and authorization shall
remain in effect until the undersigned files
with the Securities and Exchange Commission a notice
of revocation of this Power of Attorney by
attaching such notice to the undersigned's Form 3,
Form 4 or Form 5.
Date: December 14, 2015.
Christoph Stehmann