Kristopher D. Lazzaretti - 14 Feb 2025 Form 4 Insider Report for DELUXE CORP (DLX)

Role: President, Data Solutions
Signature: /s/ Kortney Q. Nordrum, Attorney-in-Fact
Issuer symbol: DLX
Transactions as of: 14 Feb 2025
Net transactions value: -$67,732
Form type: 4
Filing time: 18 Feb 2025, 14:22:53 UTC
Previous filing: 07 Jan 2025
Next filing: 21 Feb 2025
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	+1,671	+8.6%	$0.000000	21,207	14 Feb 2025	Direct	F1
transaction	DLX	Common Stock	Tax liability	$15,910	-854	-4%	$18.63	20,353	14 Feb 2025	Direct	F2
transaction	DLX	Common Stock	Options Exercise	$0	+413	+2%	$0.000000	20,766	15 Feb 2025	Direct	F1
transaction	DLX	Common Stock	Tax liability	$3,992	-211	-1%	$18.92	20,555	15 Feb 2025	Direct	F2
transaction	DLX	Common Stock	Options Exercise	$0	+3,410	+17%	$0.000000	23,965	15 Feb 2025	Direct	F1
transaction	DLX	Common Stock	Tax liability	$32,940	-1,741	-7.3%	$18.92	22,224	15 Feb 2025	Direct	F2
transaction	DLX	Common Stock	Options Exercise	$0	+1,541	+6.9%	$0.000000	23,765	16 Feb 2025	Direct	F1
transaction	DLX	Common Stock	Tax liability	$14,890	-787	-3.3%	$18.92	22,978	16 Feb 2025	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	-1,671	-33%	$0.000000	3,342	14 Feb 2025	Common Stock	1,671	$0.000000	Direct	F3
transaction	DLX	Restricted Stock Unit	Options Exercise	$0	-413	-100%	$0.000000	0	15 Feb 2025	Common Stock	413	$0.000000	Direct	F3
transaction	DLX	Restricted Stock Unit	Options Exercise	$0	-3,410	-50%	$0.000000	3,410	15 Feb 2025	Common Stock	3,410	$0.000000	Direct	F4
transaction	DLX	Restricted Stock Unit	Options Exercise	$0	-1,541	-50%	$0.000000	1,542	16 Feb 2025	Common Stock	1,541	$0.000000	Direct	F3

* 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.
F4	Restricted stock units granted under the Company's Stock 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.