Kristopher D. Lazzaretti - Feb 14, 2024 Form 4 Insider Report for DELUXE CORP (DLX)

Role
President, Data Solutions
Signature
/s/ Ruth M. Timm, Attorney-in-Fact
Stock symbol
DLX
Transactions as of
Feb 14, 2024
Transactions value $
-$40,621
Form type
4
Date filed
2/16/2024, 05:36 PM
Previous filing
Jan 4, 2024
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLX Common Stock Options Exercise $0 +3.41K +22.96% $0.00 18.3K Feb 15, 2024 Direct F1
transaction DLX Common Stock Tax liability -$36.2K -1.74K -9.53% $20.81 16.5K Feb 15, 2024 Direct F2
transaction DLX Common Stock Options Exercise $0 +413 +2.5% $0.00 16.9K Feb 15, 2024 Direct F1
transaction DLX Common Stock Tax liability -$4.39K -211 -1.25% $20.81 16.7K Feb 15, 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 +5.01K $0.00 5.01K Feb 14, 2024 Common Stock 5.01K $0.00 Direct F3
transaction DLX Restricted Stock Unit Options Exercise $0 -3.41K -33.33% $0.00 6.82K Feb 15, 2024 Common Stock 3.41K $0.00 Direct F1
transaction DLX Restricted Stock Unit Options Exercise $0 -413 -50% $0.00 413 Feb 15, 2024 Common Stock 413 $0.00 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.