Tracey G. Engelhardt - Apr 1, 2023 Form 4 Insider Report for DELUXE CORP (DLX)

Signature
/s/ Jeffrey L. Cotter, Attorney-in-Fact
Stock symbol
DLX
Transactions as of
Apr 1, 2023
Transactions value $
-$1,648
Form type
4
Date filed
4/3/2023, 03:05 PM
Previous filing
Mar 2, 2023
Next filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLX Common Stock Options Exercise $0 +280 +0.74% $0.00 38.3K Apr 1, 2023 Direct F1
transaction DLX Common Stock Tax liability -$1.65K -103 -0.27% $16.00 38.2K Apr 1, 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 -280 -100% $0.00* 0 Apr 1, 2023 Common Stock 280 $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted under the Company's Long-Term Incentive Plan that vest in equal one-quarter increments on the first four anniversaries of date of grant. Upon vesting, each unit is converted into a share of common stock. Subject to certain exceptions, vesting is contingent upon continued employment.
F2 Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock units.