Amanda B. Parrilli - Apr 1, 2023 Form 4 Insider Report for DELUXE CORP (DLX)

Role: SVP, Chief of Strategy
Signature: /s/ Jeffrey L. Cotter, Attorney-in-Fact
Stock symbol: DLX
Transactions as of: Apr 1, 2023
Transactions value $: -$1,216
Form type: 4
Date filed: 4/3/2023, 03:50 PM
Previous filing: Mar 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DLX	Common Stock	Options Exercise	$0	+168	+2%	$0.00	8.58K	Apr 1, 2023	Direct	F1
transaction	DLX	Common Stock	Tax liability	-$1.22K	-76	-0.89%	$16.00	8.51K	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	-168	-100%	$0.00^*	0	Apr 1, 2023	Common Stock	168	$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.