0001562180-17-000560.txt : 20170208
0001562180-17-000560.hdr.sgml : 20170208
20170208133154
ACCESSION NUMBER: 0001562180-17-000560
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: Shearer Mark
CENTRAL INDEX KEY: 0001574685
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03579
FILM NUMBER: 17581836
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
0001574685
Shearer Mark
3001 SUMMER STREET
STAMFORD
CT
06926
false
true
false
false
Exec VP & Pres SMB Mail Sol
Common Stock
2017-02-07
4
M
false
34585.00
0.00
D
74425.7001
D
Common Stock
2017-02-07
4
F
false
12139.00
13.17
D
62286.7001
D
Restricted Stock Units
2017-02-06
4
A
false
19757.00
13.16
A
Common Stock
19757.00
60989.00
D
Performance Stock Units
2017-02-06
4
A
false
59271.00
13.16
A
Common Stock
59271.00
148044.00
D
Stock Option
2017-02-06
4
A
false
130000.00
0.00
A
2018-02-06
2027-02-06
Common Stock
130000.00
221873.00
D
Restricted Stock Units
0.00
2017-02-07
4
M
false
9104.00
0.00
D
2017-02-07
Common Stock
9104.00
0.00
D
Restricted Stock Units
0.00
2017-02-07
4
M
false
5186.00
0.00
D
2017-02-07
Common Stock
5186.00
0.00
D
Performance Stock Units
0.00
2017-02-07
4
M
false
20295.00
0.00
D
2017-02-07
Common Stock
20295.00
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 Mark Shearer
2017-02-08