Form 4 for PBI PITNEY BOWES INC /DE/
Accepted 2024-10-30 00:00:00 ET · period of report 2024-10-28 · accession 0001562180-24-007472 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-10-30 | 2024-10-28 | PBI | Rosenzweig Lance | CEO, Dir | F - Tax | $7.15 | -162.1K | 134.3K | -55% | -$1.16M |
| D | 2024-10-30 | 2024-10-28 | PBI | Rosenzweig Lance | CEO, Dir | A - Grant | $0.00 | +266.6K | 400.9K | +199% | $0 |
| D | 2024-10-30 | 2024-10-28 | PBI | Rosenzweig Lance | CEO, Dir | M - OptEx | $0.00 | +55.7K | 162.5K | +52% | $0 |
| D | 2024-10-30 | 2024-10-28 | PBI | Rosenzweig Lance | CEO, Dir | M - OptEx | $0.00 | -55.7K | 20.8K | -73% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-10-28 | F | D | 133,870 | $7.15 | 267,000 | D | — | — | |
| 2 | Common | Common Stock | 2024-10-28 | A | A | 266,618 | $0.00 | 400,870 | D | — | — | (F1) On October 28, 2024, Mr. Rosenzweig and the Company executed an offer letter regarding his position as Chief Executive Officer of the Company. Agreeing to that letter agreement caused the settlement of PSUs previously granted to Mr. Rosenzweig in consideration for his services as Interim Chief Executive Officer. |
| 3 | Common | Common Stock | 2024-10-28 | F | D | 28,216 | $7.15 | 134,252 | D | — | — | |
| 4 | Common | Common Stock | 2024-10-28 | M | A | 55,673 | $0.00 | 162,468 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2024-10-28 | M | D | 55,673 | $0.00 | 20,832 | D | — · — to — | 55,673 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock. (F3) On October 28, 2024, Mr. Rosenzweig and the Company executed an offer letter regarding his position as Chief Executive Officer of the Company. Agreeing to that letter agreement caused the settlement of RSUs previously granted to Mr. Rosenzweig in consideration for his services as Interim Chief Executive Officer. |