Stehmann Christoph Form 3 PITNEY BOWES / Stehmann Christoph ownership change

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^*

Christoph Stehmann

(Last) (First) (Middle)

3001 SUMMER STREET

(Street)

STAMFORD CT 06926

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2016

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)
Exec VP, Enterprise Sol Group

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	2,271.7232	D

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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/12/2022	Common Stock	330	0.00	D
Restricted Stock Units	(1)	02/10/2023	Common Stock	600	0.00	D
Restricted Stock Units	(2)	02/09/2024	Common Stock	1,287	0.00	D
Restricted Stock Units	(2)	02/08/2025	Common Stock	3,843	0.00	D
Performance Stock Units	(3)	02/09/2024	Common Stock	4,495	0.00	D
Performance Stock Units	(3)	02/08/2025	Common Stock	9,544	0.00	D
Stock Option	02/13/2007(4)	02/12/2016	Common Stock	1,837	42.62	D
Stock Option	02/04/2014(4)	02/10/2023	Common Stock	1,885	48.03	D
Stock Option	02/11/2009(4)	02/10/2018	Common Stock	3,637	36.96	D
Stock Option	02/09/2010(5)	02/09/2019	Common Stock	4,374	24.75	D
Stock Option	02/08/2011(5)	02/07/2020	Common Stock	3,573	22.09	D
Stock Option	02/14/2012(5)	02/13/2021	Common Stock	3,486	26.07	D

Explanation of Responses:

1. The restricted stock units expire upon vesting and vest in four equal annual installments.

2. The restricted stock units expire upon vesting and vest in three annual installments.

3. Each performance based restricted stock unit will vest subject to predetermined EBIT performance metrics on February 13, 2018 and expire upon vesting date.

4. The stock option grant vests in four equal annual installments.

5. The stock option grant vests in three equal annual installments.

Remarks:

	/s/ Laurie Bellocchio - POA for Christoph Stehmann	01/04/2016
	** 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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