0001562180-18-001019.txt : 20180215
0001562180-18-001019.hdr.sgml : 20180215
20180215184339
ACCESSION NUMBER: 0001562180-18-001019
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20180213
FILED AS OF DATE: 20180215
DATE AS OF CHANGE: 20180215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TORSONE JOHNNA G
CENTRAL INDEX KEY: 0001204540
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03579
FILM NUMBER: 18619157
MAIL ADDRESS:
STREET 1: 1 ELMCROFT RD
CITY: STAMFORD
STATE: CT
ZIP: 06926
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
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2018-02-13
false
0000078814
PITNEY BOWES INC /DE/
PBI
0001204540
TORSONE JOHNNA G
3001 SUMMER STREET
STAMFORD
CT
06926
false
true
false
false
EVP/Chief HR Officer
Common Stock
2018-02-13
4
M
false
10290.00
0.00
A
81781.00
D
Common Stock
2018-02-13
4
F
false
3481.00
0.00
D
78300.00
D
Common Stock
915.5205
I
By 401(k)
Common Stock
7000.00
I
Owned by Spouse
Performance Stock Units
2018-02-13
4
M
false
2625.00
0.00
D
2018-02-13
Common Stock
2625.00
0.00
D
Restricted Stock Units
2018-02-13
4
M
false
2888.00
0.00
D
2018-02-13
Common Stock
2888.00
5775.00
D
Restricted Stock Units
2018-02-13
4
M
false
2259.00
0.00
D
2018-02-13
Common Stock
2259.00
2260.00
D
Restricted Stock Units
2018-02-13
4
M
false
2518.00
0.00
D
2018-02-13
Common Stock
2518.00
0.00
D
Represents 2,625 shares of performance stock units that vested on February 13, 2018 upon the satisfaction of pre-established performance standards. The remaining 7,665 shares represent the settlement of restricted stock units upon vesting of such units granted in February 2015, 2016 and 2017.
Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
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 market-based and nonmarket-based factors, such as achievement of pre-established financial metrics, the resulting number of shares released can range from zero to 200% of the grant, subject to the per individual share grant limit imposed by the Stock Plan.
The first vesting of three tranches vesting.
The second vesting of three tranches vesting.
The final of three vesting tranches vesting.
/s/ George Brereton - POA for Johnna G. Torsone
2018-02-15
EX-24
2
jtorsonepoanew.txt
POA
POWER OF ATTORNEY
Know All By These Present, that the undersigned
constitutes and appoints George Brerton,
Marijane Papanikolaou and Shannon Diaz and
each of them cting individually, as true and
lawful attorneys-in- fact and agents, with full
power of substitution and
resubstitution, for the undersigned and in the
undersigned's name, place and stead, in any and all
capacities to:
(i) Sign any Form 3, 4 or 5, and any and
amendedments thereto, in accordance
with Sec 16(a) of the Securities Act of
1934 ("Exchange Act")and the regulations
thereunder, and
(ii) File such Forms 3, 4, 5, or amendments
thereto, and all documents in connection
therewith with the Securities and Exchange
Commission and any applicable stock exchange.
The undersigned further grants unto said attorneys-
in-fact and agents, and each of them, full power and
authhority to do and perform each and every act and
thing requisite and necessary to be done with respect
to the filing of the Forms 3, 4 and 5 or any amendments
thereto as fully to all intents and purposes as the
undersigned might or could do in person, hereby
ratifying and confirming all that said attorneys-in-
fact and agents of any of them, or their substitutes,
may lawfully do or cause to be done by virtue hereof.
The undersigned acknowledges that the foregoing
attorneys-in-fact, in serving such a capacity, at
the request of the undersigned, are not assuming any
of the undersigned's responsibilities to comply
with Section 16 of the Exchange Act.
This Power of Attorney and authorization shall
remain in effect until the undersigned files
with the Securities and Exchange Commission a notice
of revocation of this Power of Attorney by
attaching such notice to the undersigned's Form 3,
Form 4 or Form 5.
Executed on this 3rd day of January, 2018.
Johnna Torsone
/s/ Johnna Torsone