0001562180-17-000555.txt : 20170208 0001562180-17-000555.hdr.sgml : 20170208 20170208133029 ACCESSION NUMBER: 0001562180-17-000555 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170206 FILED AS OF DATE: 20170208 DATE AS OF CHANGE: 20170208 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: Goldstein Daniel J CENTRAL INDEX KEY: 0001503137 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-03579 FILM NUMBER: 17581826 MAIL ADDRESS: STREET 1: 1 ELMCROFT ROAD CITY: STAMFORD STATE: CT ZIP: 06926 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2017-02-06 false 0000078814 PITNEY BOWES INC /DE/ PBI 0001503137 Goldstein Daniel J 3001 SUMMER STREET STAMFORD CT 06926 false true false false EVP/Chief Legal & Compliance Common Stock 2017-02-07 4 M false 17434.00 0.00 A 62253.8606 D Common Stock 2017-02-07 4 F false 6728.00 13.17 D 55525.8606 D Restricted Stock Units 2017-02-06 4 A false 10258.00 13.16 A Common Stock 10258.00 34522.00 D Performance Stock Units 2017-02-06 4 A false 30775.00 13.16 A Common Stock 30775.00 76478.00 D Stock Option 2017-02-06 4 A false 67500.00 0.00 A 2018-02-06 2027-02-06 Common Stock 67500.00 143553.00 D Restricted Stock Unit 0.00 2017-02-07 4 M false 4693.00 0.00 D 2017-02-07 Common Stock 4693.00 0.00 D Restricted Stock Unit 0.00 2017-02-07 4 M false 2594.00 0.00 D 2017-02-07 Common Stock 2594.00 0.00 D Performance Stock Units 0.00 2017-02-07 4 M false 10147.00 0.00 D 2017-02-07 Common Stock 10147.00 0.00 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 over a three year period on the second Tuesday in February. 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 6, 2017 which was $13.16. The final vesting of the four traunches vested. The final vesting of the three traunches vested. Vesting of performance awards due to the pre-established performance standards being met. Laurie Bellocchio - POA for Daniel Goldstein 2017-02-08