X0306 4 2018-02-13 false 0000078814 PITNEY BOWES INC /DE/ PBI 0001346844 Monahan Michael 3001 SUMMER STREET STAMFORD CT 06926 false true false false EVP & Chief Operating Officer Common Stock 2018-02-13 4 M false 36109.00 0.00 A 195952.4145 D Common Stock 2018-02-13 4 F false 11465.00 0.00 D 184487.4145 D Common Stock 11285.0448 I By 401(k) Performance Stock Units 2018-02-13 4 M false 9216.00 0.00 D 2018-02-13 Common Stock 9216.00 0.00 D Restricted Stock Units 2018-02-13 4 M false 10132.00 0.00 D 2018-02-13 Common Stock 10132.00 10132.00 D Restricted Stock Units 2018-02-13 4 M false 7927.00 0.00 D 2018-02-13 Common Stock 7927.00 7927.00 D Restricted Stock Units 2018-02-13 4 M false 8834.00 0.00 D 2018-02-13 Common Stock 8834.00 0.00 D Represents 9,216 shares of performance stock units that vested on February 13, 2018 upon the satisfaction of pre-established performance standards. The remaining 26,893 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 vesting of three tranches vesting. /s/ George Brereton - POA for Michael Monahan 2018-02-15