PITNEY BOWES INC

Ticker: PBI CUSIP: 724479100 Class: EQTY

Caprock Group, LLC's Holding History (CIK: 0001610769)

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

Q3 2017

Shares 53,513 Value ($000) $750 Avg Close $13.73 Range $12.40 - $16.13

Q2 2017

Shares 42,324 Value ($000) $639 Avg Close $14.61 Range $12.70 - $16.26

Q1 2017

Shares 40,021 Value ($000) $525 Avg Close $14.13 Range $12.31 - $16.60

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	53,513	$750	$13.73	$12.40 - $16.13
Q2 2017	42,324	$639	$14.61	$12.70 - $16.26
Q1 2017	40,021	$525	$14.13	$12.31 - $16.60