0001562180-17-000565.txt : 20170208 0001562180-17-000565.hdr.sgml : 20170208 20170208133227 ACCESSION NUMBER: 0001562180-17-000565 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: Pilc Roger J CENTRAL INDEX KEY: 0001578439 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-03579 FILM NUMBER: 17581841 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 0001578439 Pilc Roger J 3001 SUMMER STREET STAMFORD CT 06926 false true false false Exec VP & Chief Innov Officer Common Stock 2017-02-07 4 M false 13261.00 0.00 A 30797.7692 D Common Stock 2017-02-07 4 F false 4852.00 13.17 D 25945.7692 D Restricted Stock Units 2017-02-06 4 A false 12918.00 13.16 A Common Stock 12918.00 33781.00 D Performance Stock Units 2017-02-06 4 A false 38754.00 13.16 A Common Stock 38754.00 87083.00 D Stock Option 2017-02-06 4 A false 85000.00 0.00 A 2018-02-06 2027-02-06 Common Stock 85000.00 145071.00 D Restricted Stock Units 2017-02-06 4 A false 37994.00 0.00 A Common Stock 37994.00 71775.00 D Restricted Stock Units 0.00 2017-02-07 4 M false 3460.00 0.00 D 2017-02-07 Common Stock 3460.00 0.00 D Restricted Stock Units 0.00 2017-02-07 4 M false 1995.00 0.00 D 2017-02-07 Common Stock 1995.00 0.00 D Performance Stock Units 0.00 2017-02-07 4 M false 7806.00 0.00 D 2017-02-07 Common Stock 7806.00 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. Each unit represents a contingent right to receive one share of Pitney Bowes common stock that will cliff vest 100% on the second Tuesday in February 2020. 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 Roger J. Pilc 2017-02-08