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DELUXE CORP — Director's Dealing 2013
Jul 31, 2013
32349_dirs_2013-07-31_bab65df8-62ab-4665-8649-285d1bfde7a7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2013-07-29
Reporting Person: Loosbrock Julie M (Sr. V.P., Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-07-29 | Common Stock | M | 4600 | $22.52 | Acquired | 19045 | Direct |
| 2013-07-29 | Common Stock | S | 4600 | $39.64 | Disposed | 14445 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-07-29 | Common Stock Option | $22.52 | M | 4600 | Disposed | 2015-02-20 | Common Stock (4600) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $0 | 2015-01-22 | Common Stock (778) | 778 | Direct |
| Common Stock Option | $18.28 | 2017-02-17 | Common Stock (15500) | 15500 | Direct |
| Common Stock Option | $25.59 | 2018-02-16 | Common Stock (12600) | 12600 | Direct |
| Common Stock Option | $25.45 | 2019-02-16 | Common Stock (10600) | 10600 | Direct |
| Common Stock Option | $38.80 | 2020-02-20 | Common Stock (6800) | 6800 | Direct |
Footnotes
F1: The shares were sold in multiple transactions at prices ranging from $39.60 to $39.72. The price reported is the weighted average sale price. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the selling range.
F2: Restricted Stock Units were awarded on 1/22/2013 under the Company's Stock Incentive Plan. The units will vest and be converted into common stock on the second anniversary of the date of grant if, subject to certain exceptions, the holder remains in the employ of the Company through such date. Award results from an advance election by executive to receive a portion of their 2012 annual incentive compensation in restricted stock units in lieu of cash.
F3: Options vest in three equal installments on the three succeeding anniversary dates of the date of grant, provided the holder remains an employee of the Company. Date entered reflects date on which first installment vests(ed).