Form: 3

Initial statement of beneficial ownership of securities

Documents

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
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
O'Hara John E
(Last) (First) (Middle)
WORLD HEADQUARTERS
ONE ELMCROFT ROAD
(Street)
STAMFORD CT 06926
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/11/2011 		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)
EVP&President, PB Software S
 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 760.5927 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) (1) Common Stock 10,952 0.0000 D
Restricted Stock Units (2) 02/03/2015(2) Common Stock 3,117 0.0000 D
Restricted Stock Units (2) 02/04/2014(2) Common Stock 1,026 0.0000 D
Restricted Stock Units (2) 02/05/2013(2) Common Stock 531 0.0000 D
Restricted Stock Units 02/11/2012 02/11/2012 Common Stock 178 0.0000 D
Restricted Stock Units 06/23/2013 06/23/2013 Common Stock 15,645 0.0000 D
Restricted Stock Units 09/04/2011 09/04/2011 Common Stock 1,500 0.0000 D
Stock Option 02/08/2011(3) 02/07/2020 Common Stock 10,718 22.09 D
Stock Option 02/08/2010(3) 02/08/2019 Common Stock 8,635 24.75 D
Stock Option 02/14/2012(3) 02/13/2021 Common Stock 23,551 26.07 D
Stock Option 02/11/2009(4) 02/10/2018 Common Stock 8,077 36.96 D
Explanation of Responses:
1. Each performance based restricted stock unit will vest subject to predetermined EBIT performance metrics at 3,130 shares on February 7, 2012; 3,352 shares on February 5, 2013 and 4,470 shares June 23, 2013 and expired upon vesting date.
2. The restricted stock units expire upon vesting and vest in four equal annual installments.
3. The stock option grant vest in three equal annual installments.
4. The stock option grant vest in four annual installments.
Remarks:
poajohnohara.txt
Patricia M. Johnson-POA for John E. O'Hara 04/19/2011
** 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.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.