SEC Filing | Pitney Bowes Inc.

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SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Catapano Joseph Ronald

(Last)

(First)

(Middle)

3001 SUMMER STREET

(Street)

STAMFORD

06926

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/04/2017

3. Issuer Name and Ticker or Trading Symbol
PITNEY BOWES INC /DE/ [ PBI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VP, Chief Accounting Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,425.0298	D
Common Stock	978.9332	I	401(k)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	⁽²⁾	⁽²⁾	Common Stock	217	⁽¹⁾	D
Restricted Stock Units	⁽²⁾	⁽²⁾	Common Stock	389	⁽¹⁾	D
Restricted Stock Units	⁽²⁾	⁽²⁾	Common Stock	3,258	⁽¹⁾	D
Performance Stock Units	⁽⁴⁾	⁽⁴⁾	Common Stock	834	⁽³⁾	D
Performance Stock Units	⁽⁴⁾	⁽⁴⁾	Common Stock	1,748	⁽³⁾	D
Performance Stock Units	⁽⁴⁾	⁽⁴⁾	Common Stock	1,396	⁽³⁾	D
Stock Options	02/11/2009⁽⁵⁾	02/10/2018	Common Stock	2,425	36.96	D
Stock Options	02/09/2010⁽⁶⁾	02/08/2019	Common Stock	3,956	24.75	D
Stock Options	02/08/2011⁽⁶⁾	02/07/2020	Common Stock	4,379	22.09	D
Stock Options	02/14/2012⁽⁶⁾	02/13/2021	Common Stock	3,486	26.07	D
Stock Options	02/14/2017⁽⁶⁾	02/07/2026	Common Stock	3,463	16.82	D

Explanation of Responses:

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.

Remarks:

	/s/ Laurie Bellocchio - POA for Joseph R. Catapano	08/11/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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           POWER OF ATTORNEY


Know All By These Present, that the undersigned
constitutes and appoints Laurie Bellocchio, Anupama
Sasi and Peter Panzarella, and each of them
acting individually, as true and lawful attorneys-in-
fact and agents, with full power of substitution and
resubstitution, for the undersigned and in the
undersigned's name, place and stead, in any and all
capacities to:

(i)     Sign any Form 3, 4 or 5, and any and
	amendedments thereto, in accordance
	with Sec 16(a) of the Securities Act of
	1934 ("Exchange Act")and the regulations
	thereunder, and

(ii)    File such Forms 3, 4, 5, or amendments
	thereto, and all documents in connection
	therewith with the Securities and Exchange
	Commission and any applicable stock exchange.


The undersigned further grants unto said attorneys-
in-fact and agents, and each of them, full power and
authhority to do and perform each and every act and
thing requisite and necessary to be done with respect
to the filing of the Forms 3, 4 and 5 or any amendments
thereto as fully to all intents and purposes as the
undersigned might or could do in person, hereby
ratifying and confirming all that said attorneys-in-
fact and agents of any of them, or their substitutes,
may lawfully do or cause to be done by virtue hereof.

The undersigned acknowledges that the foregoing
attorneys-in-fact, in serving such a capacity, at
the request of the undersigned, are not assuming any
of the undersigned's responsibilities to comply
with Section 16 of the Exchange Act.

This Power of Attorney and authorization shall
remain in effect until the undersigned files
with the Securities and Exchange Commission a notice
of revocation of this Power of Attorney by
attaching such notice to the undersigned's Form 3,
Form 4 or Form 5.


Date:    July 31, 2017.

Joseph R. Catapano

/s/ Joseph R. Catapano