Ronald van Houwelingen - 26 Mar 2022 Form 4 Insider Report for DELUXE CORP (DLX)

Role: VP, Controller, PAO
Signature: /s/ Jeffrey L. Cotter, Attorney-in-Fact
Issuer symbol: DLX
Transactions as of: 26 Mar 2022
Net transactions value: -$34,261
Form type: 4
Filing time: 28 Mar 2022, 10:54:55 UTC
Previous filing: 03 Mar 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	+3,482	+78%	$0.000000	7,945	26 Mar 2022	Direct	F1
transaction	DLX	Common Stock	Tax liability	$34,261	-1,066	-13%	$32.14	6,879	26 Mar 2022	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	-3,482	-100%	$0.000000^*	0	26 Mar 2022	Common Stock	3,482	$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.