Barry C. McCarthy - Feb 14, 2025 Form 4 Insider Report for DELUXE CORP (DLX)

Signature
/s/ Kortney Q. Nordrum, Attorney-in-Fact
Stock symbol
DLX
Transactions as of
Feb 14, 2025
Transactions value $
-$1,019,097
Form type
4
Date filed
2/18/2025, 02:25 PM
Previous filing
Feb 4, 2025
Next filing
Feb 21, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLX Common Stock Options Exercise $0 +45.9K +21.89% $0.00 256K Feb 14, 2025 Direct F1
transaction DLX Common Stock Tax liability -$421K -22.6K -8.84% $18.63 233K Feb 14, 2025 Direct F2
transaction DLX Common Stock Options Exercise $0 +46.9K +20.1% $0.00 280K Feb 15, 2025 Direct F1
transaction DLX Common Stock Tax liability -$436K -23.1K -8.24% $18.92 257K Feb 15, 2025 Direct F2
transaction DLX Common Stock Options Exercise $0 +17.3K +6.75% $0.00 274K Feb 16, 2025 Direct F1
transaction DLX Common Stock Tax liability -$161K -8.53K -3.11% $18.92 266K Feb 16, 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 -45.9K -33.33% $0.00 91.9K Feb 14, 2025 Common Stock 45.9K $0.00 Direct F3
transaction DLX Restricted Stock Unit Options Exercise $0 -46.9K -50% $0.00 46.9K Feb 15, 2025 Common Stock 46.9K $0.00 Direct F3
transaction DLX Restricted Stock Unit Options Exercise $0 -17.3K -50% $0.00 17.3K Feb 16, 2025 Common Stock 17.3K $0.00 Direct F4
* 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.