Christopher Lee Thomas - 28 Jan 2023 Form 4 Insider Report for DELUXE CORP (DLX)

Signature
/s/ Jeffrey L. Cotter, Attorney-in-Fact
Issuer symbol
DLX
Transactions as of
28 Jan 2023
Transactions value $
-$31,944
Form type
4
Filing time
31 Jan 2023, 11:42:49 UTC
Previous filing
25 Jul 2022
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLX Common Stock Options Exercise $0 +4.23K +19.89% $0.00 25.5K 28 Jan 2023 Direct F1
transaction DLX Common Stock Tax liability -$31.9K -1.6K -6.27% $19.99 23.9K 28 Jan 2023 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 -4.23K -100% $0.00* 0 28 Jan 2023 Common Stock 4.23K $0.00 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 awarded under the Company's Long-Term Incentive Plan resulting from an advance election by the holder to receive a portion of the holder's 2020 annual incentive compensation in restricted stock units, which units vested and were converted into common stock on the second anniversary of the date of grant.