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

Signature
/s/ Jeffrey L. Cotter, Attorney-in-Fact
Issuer symbol
DLX
Transactions as of
26 Jan 2024
Net transactions value
-$576,128
Form type
4
Filing time
30 Jan 2024, 17:18:07 UTC
Previous filing
02 Mar 2023
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLX Common Stock Options Exercise $0 +33,518 +32% $0.000000 136,853 26 Jan 2024 Direct F1
transaction DLX Common Stock Tax liability $334,487 -16,716 -12% $20.01 120,137 26 Jan 2024 Direct
transaction DLX Common Stock Options Exercise $0 +24,542 +20% $0.000000 144,679 27 Jan 2024 Direct F2
transaction DLX Common Stock Tax liability $241,641 -12,076 -8.3% $20.01 132,603 27 Jan 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 -24,542 -100% $0.000000* 0 27 Jan 2024 Common Stock 24,542 $0.000000 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.