0001562180-16-001598.txt : 20160210
0001562180-16-001598.hdr.sgml : 20160210
20160210163855
ACCESSION NUMBER: 0001562180-16-001598
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
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: TORSONE JOHNNA G
CENTRAL INDEX KEY: 0001204540
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03579
FILM NUMBER: 161406230
MAIL ADDRESS:
STREET 1: 1 ELMCROFT RD
CITY: STAMFORD
STATE: CT
ZIP: 06926
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2016-02-08
false
0000078814
PITNEY BOWES INC /DE/
PBI
0001204540
TORSONE JOHNNA G
3001 SUMMER STREET
STAMFORD
CT
06926
false
true
false
false
EVP/Chief HR Officer
Common Stock
2016-02-09
4
M
false
2517.00
0.00
A
59617.00
D
Common Stock
2016-02-09
4
F
false
998.00
16.79
D
58619.00
D
Common Stock
829.3281
I
by 401(k)
Common Stock
7000.00
I
Owned by Spouse
Restricted Stock Units
2016-02-08
4
A
false
6778.00
16.82
A
Common Stock
6778.00
20721.00
D
Performance Stock Units
2016-02-08
4
A
false
20333.00
16.82
A
Common Stock
20333.00
58637.00
D
Stock Option
2016-02-08
4
A
false
40283.00
0.00
A
2017-02-08
2026-02-08
Common Stock
40283.00
55774.00
D
Restricted Stock Units
0.00
2016-02-09
4
M
false
2517.00
0.00
A
2016-02-09
Common Stock
2517.00
5036.00
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 2,518 to vest on 2/14/2017 and 2,518 to vest on 2/13/2018.
Laurie Bellocchio - POA for Johnna Torsone
2016-02-10