PITNEY BOWES INC

Ticker: PBI CUSIP: 724479100 Class: EQTY

MARINO, STRAM & ASSOCIATES LLC's Holding History (CIK: 0001099762)

Note: Option positions (PUT/CALL) are excluded.

Q1 2019

Shares 446 Value ($000) $3 Avg Close $6.92 Range $5.82 - $8.32

Q4 2018

Shares 443 Value ($000) $3 Avg Close $7.20 Range $5.51 - $8.56

Q3 2018

Shares 432 Value ($000) $3 Avg Close $8.08 Range $6.88 - $9.30

Q2 2018

Shares 421 Value ($000) $4 Avg Close $9.65 Range $8.11 - $11.17

Q1 2018

Shares 413 Value ($000) $4 Avg Close $12.39 Range $10.84 - $14.80

Q4 2017

Shares 407 Value ($000) $5 Avg Close $11.78 Range $9.50 - $14.34

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	446	$3	$6.92	$5.82 - $8.32
Q4 2018	443	$3	$7.20	$5.51 - $8.56
Q3 2018	432	$3	$8.08	$6.88 - $9.30
Q2 2018	421	$4	$9.65	$8.11 - $11.17
Q1 2018	413	$4	$12.39	$10.84 - $14.80
Q4 2017	407	$5	$11.78	$9.50 - $14.34