FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

1. Name and Address of Reporting Person *

ZEGRAS GREGG
2. Date of Event Requiring Statement (MM/DD/YYYY)
7/22/2020 

3. Issuer Name and Ticker or Trading Symbol

PITNEY BOWES INC /DE/ [PBI]
(Last)        (First)        (Middle)

3001 SUMMER STREET
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Exec. VP & P, Global Ecommerce /
(Street)

STAMFORD, CT 06926      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

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 19525.2685 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit  (2) (2)Common Stock 5769.00  (1)D  
Restricted Stock Unit  (2) (2)Common Stock 17677.00  (1)D  
Restricted Stock Unit  (2) (2)Common Stock 52764.00  (1)D  
Stock Options (Right to buy) 2/14/2017 (3)2/7/2026 (3)Common Stock 8834.00 $16.82 D  
Stock Options (Right to buy) 2/13/2018 (3)2/5/2027 (3)Common Stock 27344.00 $13.16 D  
Stock Options (Right to buy) 2/9/2021 (4)12/25/2028 (4)Common Stock 75000.00 $5.99 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) The stock option grant vest in three equal annual installments.
(4) The stock option grant vest in one annual installment.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
ZEGRAS GREGG
3001 SUMMER STREET
STAMFORD, CT 06926


Exec. VP & P, Global Ecommerce

Signatures
George Brereton - POA for7/31/2020
**Signature of Reporting PersonDate

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