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