UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Restricted Stock Units | Â (2) | Â (2) | Common Stock | 217 | $ (1) | D | Â |
Restricted Stock Units | Â (2) | Â (2) | Common Stock | 389 | $ (1) | D | Â |
Restricted Stock Units | Â (2) | Â (2) | Common Stock | 3,258 | $ (1) | D | Â |
Performance Stock Units | Â (4) | Â (4) | Common Stock | 834 | $ (3) | D | Â |
Performance Stock Units | Â (4) | Â (4) | Common Stock | 1,748 | $ (3) | D | Â |
Performance Stock Units | Â (4) | Â (4) | Common Stock | 1,396 | $ (3) | D | Â |
Stock Options | 02/11/2009(5) | 02/10/2018 | Common Stock | 2,425 | $ 36.96 | D | Â |
Stock Options | 02/09/2010(6) | 02/08/2019 | Common Stock | 3,956 | $ 24.75 | D | Â |
Stock Options | 02/08/2011(6) | 02/07/2020 | Common Stock | 4,379 | $ 22.09 | D | Â |
Stock Options | 02/14/2012(6) | 02/13/2021 | Common Stock | 3,486 | $ 26.07 | D | Â |
Stock Options | 02/14/2017(6) | 02/07/2026 | Common Stock | 3,463 | $ 16.82 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Catapano Joseph Ronald 3001 SUMMER STREET STAMFORD, CT 06926 |
 |  |  VP, Chief Accounting Officer |  |
/s/ Laurie Bellocchio - POA for Joseph R. Catapano | 08/11/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each restricted stock unit represents a contingent right to receive one share of Pitney Bowes stock. |
(2) | The restricted stock units vest in three equal annual installments. |
(3) | Each performance stock unit represents a contingent right to receive Pitney Bowes common stock based upon pre-determined performance factors. |
(4) | 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. |
(5) | The stock option grant vest in four equal annual installments. |
(6) | The stock option grant vest in three equal annual installments. |