Barry C. McCarthy - 14 Feb 2024 Form 4 Insider Report for DELUXE CORP (DLX)

Role
President & CEO, Director
Signature
/s/ Jeffrey L. Cotter, Attorney-in-Fact
Issuer symbol
DLX
Transactions as of
14 Feb 2024
Net transactions value
-$480,066
Form type
4
Filing time
16 Feb 2024, 17:29:30 UTC
Previous filing
30 Jan 2024
Next filing
21 Feb 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 +46,888 +35% $0.000000 179,491 15 Feb 2024 Direct F1
transaction DLX Common Stock Tax liability $480,066 -23,069 -13% $20.81 156,422 15 Feb 2024 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 Award $0 +137,845 $0.000000 137,845 14 Feb 2024 Common Stock 137,845 $0.000000 Direct F3
transaction DLX Restricted Stock Unit Options Exercise $0 -46,888 -33% $0.000000 93,777 15 Feb 2024 Common Stock 46,888 $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.
F3 Restricted stock units granted under the Company's Stock Incentive Plan that vest in equal one-third increments on the first three 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.