Michael Aaron Reed - 25 Nov 2021 Form 4 Insider Report for DELUXE CORP (DLX)

Role: SVP, Division President
Signature: /s/ Ruth M. Timm, Attorney-in-Fact
Issuer symbol: DLX
Transactions as of: 25 Nov 2021
Net transactions value: -$27,365
Form type: 4
Filing time: 29 Nov 2021, 11:49:35 UTC
Next filing: 18 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DLX	Common Stock	Options Exercise	$0	+1,638	+82%	$0.000000	3,634	25 Nov 2021	Direct	F1
transaction	DLX	Common Stock	Tax liability	$27,365	-739	-20%	$37.03	2,895	25 Nov 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DLX	Restricted Stock Unit	Options Exercise	$0	-1,638	-50%	$0.000000	1,638	25 Nov 2021	Common Stock	1,638	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Transaction reflects vesting and conversion into shares on a one-for-one basis of restricted stock units previously awarded.
F2	Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock units.