X0306 4 2017-02-06 false 0000078814 PITNEY BOWES INC /DE/ PBI 0001660153 Christoph Stehmann 3001 SUMMER STREET STAMFORD CT 06926 false true false false Exec VP, Enterprise Sol Group Common Stock 2017-02-07 4 M false 3461.00 0.00 A 7538.8851 D Common Stock 2017-02-07 4 F false 1109.00 13.17 D 6429.8851 D Restricted Stock Units 2017-02-06 4 A false 7599.00 13.16 A Common Stock 7599.00 17050.00 D Performance Stock Units 2017-02-06 4 A false 22796.00 13.16 A Common Stock 22796.00 48080.00 D Stock Option 2017-02-06 4 A false 50000.00 0.00 A 2018-02-06 2027-02-06 Common Stock 50000.00 102291.00 D Restricted Stock Units 0.00 2017-02-07 4 M false 300.00 0.00 D 2017-02-07 Common Stock 300.00 0.00 D Restricted Stock Units 0.00 2017-02-07 4 M false 644.00 0.00 D 2017-02-07 Common Stock 644.00 0.00 D Performance Stock Units 0.00 2017-02-07 4 M false 2517.00 0.00 D 2017-02-07 Common Stock 2517.00 0.00 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 over a three year period on the second Tuesday in February. 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 6, 2017 which was $13.16. The final vesting of the four traunches vested. The final vesting of the three traunches vested. Vesting of performance awards due to the pre-established performance standards being met. /s/ Laurie Bellocchio - POA for Christoph Stehmann 2017-02-08