Barry C. McCarthy - Jan 26, 2024 Form 4 Insider Report for DELUXE CORP (DLX)

Role
President & CEO, Director
Signature
/s/ Jeffrey L. Cotter, Attorney-in-Fact
Stock symbol
DLX
Transactions as of
Jan 26, 2024
Transactions value $
-$576,128
Form type
4
Date filed
1/30/2024, 05:18 PM
Previous filing
Mar 2, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLX Common Stock Options Exercise $0 +33.5K +32.44% $0.00 137K Jan 26, 2024 Direct F1
transaction DLX Common Stock Tax liability -$334K -16.7K -12.21% $20.01 120K Jan 26, 2024 Direct
transaction DLX Common Stock Options Exercise $0 +24.5K +20.43% $0.00 145K Jan 27, 2024 Direct F2
transaction DLX Common Stock Tax liability -$242K -12.1K -8.35% $20.01 133K Jan 27, 2024 Direct

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 -24.5K -100% $0.00* 0 Jan 27, 2024 Common Stock 24.5K $0.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares issued in connection with the settlement of performance share units that were determined to vest based on the level of achievement of the specified performance targets.
F2 Restricted Stock Units were awarded under the Company's Long-Term Incentive Plan resulting from the holder's advance election to receive a portion of the holder's 2022 annual incentive compensation in restricted stock units in lieu of cash, and such units vested and were converted into common stock on the second anniversary of the date of grant.