0001562180-17-000556.txt : 20170208 0001562180-17-000556.hdr.sgml : 20170208 20170208133035 ACCESSION NUMBER: 0001562180-17-000556 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: Lautenbach Marc Bradley CENTRAL INDEX KEY: 0001563556 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-03579 FILM NUMBER: 17581827 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 0001563556 Lautenbach Marc Bradley 3001 SUMMER STREET STAMFORD CT 06926 false true false false President and CEO Common Stock 2017-02-07 4 M false 117083.00 0.00 D 203595.9989 D Common Stock 2017-02-07 4 F false 46354.00 13.17 D 157241.9989 D Common Stock 80937.00 I By GRAT Common Stock 3513.821 I DSP Restricted Stock Units 2017-02-06 4 A false 83587.00 13.16 A Common Stock 83587.00 262181.00 D Performance Stock Units 2017-02-06 4 A false 250760.00 13.16 A Common Stock 250760.00 602223.00 D Stock Option 2017-02-06 4 A false 550000.00 0.00 A 2018-02-06 2027-02-06 Common Stock 550000.00 1938693.00 D Restricted Stock Unit 0.00 2017-02-07 4 M false 28881.00 0.00 D 2017-02-07 Common Stock 28881.00 0.00 D Restricted Stock Unit 0.00 2017-02-07 4 M false 17951.00 0.00 D 2017-02-07 Common Stock 17951.00 0.00 D Performance Stock Units 0.00 2017-02-07 4 M false 70251.00 0.00 D 2017-02-07 Common Stock 70251.00 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 Marc B. Lautenbach 2017-02-08