X0306 4 2016-02-08 false 0000078814 PITNEY BOWES INC /DE/ PBI 0001317903 Green Steven J 3001 SUMMER STREET STAMFORD CT 06926 false true false false VP Finance & CAO Common Stock 2016-02-09 4 M false 1325.00 0.00 A 33570.3999 D Common Stock 2016-02-09 4 F false 561.00 16.79 D 33009.3999 D Common Stock 8085.3278 I By 401(k) Common Stock 659.00 I Owned by Spouse Restricted Stock Units 2016-02-08 4 A false 3567.00 16.82 A Common Stock 3567.00 10408.00 D Performance Stock Units 2016-02-08 4 A false 10702.00 16.82 A Common Stock 10702.00 29576.00 D Stock Option 2016-02-08 4 A false 21201.00 0.00 A 2017-02-08 2026-02-08 Common Stock 21201.00 146778.00 D Restricted Stock Unit 0.00 2016-02-09 4 M false 1325.00 0.00 D 2016-02-09 Common Stock 1325.00 2650.00 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 in three (3) equal annual installments. 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 8, 2016 which was $16.82 The first of three vesting traunches vested, leaving 1,325 to vest on 2/14/2017 and 1,325 to vest on 2/13/2018. Laurie Bellocchio - POA for Steven J Green 2016-02-10