0001562180-20-001145.txt : 20200213 0001562180-20-001145.hdr.sgml : 20200213 20200213120902 ACCESSION NUMBER: 0001562180-20-001145 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200211 FILED AS OF DATE: 20200213 DATE AS OF CHANGE: 20200213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Borrelle William A CENTRAL INDEX KEY: 0001745005 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-03579 FILM NUMBER: 20608247 MAIL ADDRESS: STREET 1: 3001 SUMMER STREET 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 2020-02-11 false 0000078814 PITNEY BOWES INC /DE/ PBI 0001745005 Borrelle William A 3001 SUMMER STREET STAMFORD CT 06926 false true false false SVP, Chief Marketing Officer Common Stock 2020-02-11 4 M false 25414.00 0.00 A 57671.1994 D Common Stock 2020-02-11 4 F false 9708.00 0.00 D 47963.1994 D Performance Stock Units 2020-02-11 4 M false 4488.00 0.00 D Common Stock 4488.00 0.00 D Restricted Stock Unit 2020-02-11 4 M false 4987.00 0.00 D 2020-02-11 Common Stock 4987.00 0.00 D Restricted Stock Unit 2020-02-11 4 M false 10383.00 0.00 D 2020-02-11 Common Stock 10383.00 10384.00 D Restricted Stock Unit 2020-02-11 4 M false 5556.00 0.00 D 2020-02-11 Common Stock 5556.00 11111.00 D 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 third vesting of the three traunches vesting. The second vesting of the three traunches vesting. The first vesting of the three traunches vesting. /s/ George Brereton - POA for William A. Borrelle 2020-02-13