Garry L. Capers - 01 Mar 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: 01 Mar 2023
Net transactions value: -$55,288
Form type: 4
Filing time: 02 Mar 2023, 15:45:56 UTC
Previous filing: 21 Feb 2023
Next filing: 09 Jan 2024
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	+6,058	+96%	$0.000000	12,376	01 Mar 2023	Direct	F1
transaction	DLX	Common Stock	Tax liability	$49,139	-2,733	-22%	$17.98	9,643	01 Mar 2023	Direct	F2
transaction	DLX	Common Stock	Options Exercise	$0	+758	+7.9%	$0.000000	10,401	01 Mar 2023	Direct	F1
transaction	DLX	Common Stock	Tax liability	$6,149	-342	-3.3%	$17.98	10,059	01 Mar 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	-6,058	-100%	$0.000000^*	0	01 Mar 2023	Common Stock	6,058	$0.000000	Direct	F1
transaction	DLX	Restricted Stock Unit	Options Exercise	$0	-758	-33%	$0.000000	1,514	01 Mar 2023	Common Stock	758	$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.