PITNEY BOWES INC

Ticker: PBI CUSIP: 724479100 Class: EQTY

Portolan Capital Management, LLC's Holding History (CIK: 0001350290)

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

Q3 2018

Shares 255,022 Value ($000) $1,806 Avg Close $8.08 Range $6.88 - $9.30

Q2 2018

Shares 305,165 Value ($000) $2,615 Avg Close $9.65 Range $8.11 - $11.17

Q1 2018

Shares 887,310 Value ($000) $9,663 Avg Close $12.39 Range $10.84 - $14.80

Q4 2017

Shares 563,848 Value ($000) $6,304 Avg Close $11.78 Range $9.50 - $14.34

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	255,022	$1,806	$8.08	$6.88 - $9.30
Q2 2018	305,165	$2,615	$9.65	$8.11 - $11.17
Q1 2018	887,310	$9,663	$12.39	$10.84 - $14.80
Q4 2017	563,848	$6,304	$11.78	$9.50 - $14.34