This excerpt taken from the PBI DEF 14A filed Mar 27, 2008.
All Other Compensation
The All Other Compensation column consists of other earnings earned or paid to each named officer for 2007 and
2006.
In accordance with SFAS 123(R), the dividends payable on the grants of restricted stock, to the extent applicable, have been
factored in the grant date fair value and therefore dividend accruals are not included in this column.
The employee discount in the Pitney
Bowes Inc. 1998 U.K. S.A.Y.E. Stock Option Plan has been included in the
Black-Scholes calculation for the fair market value of the exercise price. Therefore,
the discount is not included in this column as additional compensation to
the executive.
This excerpt taken from the PBI DEF 14A filed Apr 3, 2007.
All Other Compensation
The All Other Compensation column consists of other earnings earned or paid to each named executive officer for 2006.
In accordance with SFAS 123(R), the dividends payable on the grants of restricted stock have been factored in the grant date fair
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value and therefore there is no additional disclosure required in this column.
The employee discount in the Pitney Bowes Inc. 1998 U.K. S.A.Y.E. Stock Option Plan has been included in the Black-Scholes calculation for the fair market value of the exercise price. Therefore, the discount is not included in this column as additional compensation to the executive.