Michael Aaron Reed - 16 Feb 2023 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
16 Feb 2023
Net transactions value
-$48,132
Form type
4
Filing time
21 Feb 2023, 10:20:48 UTC
Previous filing
17 Feb 2023
Next filing
02 Mar 2023
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 +3,855 +76% $0.000000 8,909 16 Feb 2023 Direct F1
transaction DLX Common Stock Tax liability $33,876 -1,739 -20% $19.48 7,170 16 Feb 2023 Direct F2
transaction DLX Common Stock Options Exercise $0 +1,020 +14% $0.000000 8,190 18 Feb 2023 Direct F1
transaction DLX Common Stock Tax liability $8,810 -461 -5.6% $19.11 7,729 18 Feb 2023 Direct F2
transaction DLX Common Stock Options Exercise $0 +631 +8.2% $0.000000 8,360 18 Feb 2023 Direct F1
transaction DLX Common Stock Tax liability $5,446 -285 -3.4% $19.11 8,075 18 Feb 2023 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 -3,855 -25% $0.000000 11,563 16 Feb 2023 Common Stock 3,855 $0.000000 Direct F1
transaction DLX Restricted Stock Unit Options Exercise $0 -1,020 -100% $0.000000* 0 18 Feb 2023 Common Stock 1,020 $0.000000 Direct F1
transaction DLX Restricted Stock Unit Options Exercise $0 -631 -50% $0.000000 631 18 Feb 2023 Common Stock 631 $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.