FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * KOHNSTAMM ABBY F   2. Issuer Name and Ticker or Trading Symbol PITNEY BOWES INC /DE/ [PBI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) Exec VP & Chief Marketing Ofcr (Last) (First) (Middle) 3001 SUMMER STREET 3. Date of Earliest Transaction (Month/Day/Year) 02/13/2018 (Street) STAMFORD, CT 06926 4. If Amendment, Date 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 (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/13/2018   M   9,478 (1) A $ 0 54,301.2272 D   Common Stock 02/13/2018   F   3,506 D $ 0 50,795.2272 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Performance Stock Units

(2)

02/13/2018

M

2,418

02/13/2018(3)

(3)

Common Stock

2,418

$ 0

0

D

Restricted Stock Units

(2)

02/13/2018

M

2,660

02/13/2018(4)

(4)

Common Stock

2,660

$ 0

5,319

D

Restricted Stock Units

(2)

02/13/2018

M

2,081

02/13/2018(5)

(5)

Common Stock

2,081

$ 0

2,081

D

Restricted Stock Units

(2)

02/13/2018

M

2,319

02/13/2018(6)

(6)

Common Stock

2,319

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
KOHNSTAMM ABBY F 3001 SUMMER STREET STAMFORD, CT 06926			Exec VP & Chief Marketing Ofcr

Signatures

/s/ George Brereton - POA for Abby F. Kohnstamm		02/15/2018
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).
(1)	Represents 2,418 shares of performance stock units that vested on February 13, 2018 upon the satisfaction of pre-established performance standards. The remaining 7,060 shares represent the settlement of restricted stock units upon vesting of such units granted in February 2015, 2016 and 2017.
(2)	Each unit represents a contingent right to receive one share of Pitney Bowes common stock.
(3)	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.
(4)	The first vesting of three tranches vesting.
(5)	The second vesting of three tranches vesting.
(6)	The final vesting of three tranches vesting.

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