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DELUXE CORP — Director's Dealing 2017
Nov 30, 2017
32349_dirs_2017-11-30_6d4fff84-fcdf-40b1-845c-94ccc9ea0e4e.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: 2017-11-28
Reporting Person: SCHRAM LEE J (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-28 | Comon Stock | M | 54200 | $25.59 | Acquired | 332839 | Direct |
| 2017-11-28 | Common Stock | M | 53000 | $25.45 | Acquired | 385839 | Direct |
| 2017-11-28 | Common Stock | F | 74170 | $70.75 | Disposed | 311669 | Direct |
| 2017-11-29 | Common Stock | S | 33030 | $71.32 | Disposed | 278639 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-28 | Common Stock Option | $25.59 | M | 54200 | Disposed | 2018-02-16 | Common Stock (54200) | Direct |
| 2017-11-28 | Common Stock Option | $25.45 | M | 53000 | Disposed | 2019-02-16 | Common Stock (53000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Common Stock Option | $38.80 | 2020-02-20 | Common Stock (95800) | 95800 | Direct |
| Common Stock Option | $50.32 | 2021-02-27 | Common Stock (64435) | 64435 | Direct |
| Common Stock Option | $67.08 | 2022-02-12 | Common Stock (64162) | 64162 | Direct |
| Common Stock Option | $54.30 | 2023-02-17 | Common Stock (127238) | 127238 | Direct |
| Common Stock Option | $75.61 | 2024-02-23 | Common Stock (77700) | 77700 | Direct |
Footnotes
F1: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 11, 2017.
F2: Shares were sold in multiple transactions at prices ranging from $70.06 to $72.13. 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.
F3: Total ownership includes 52,228 shares of restricted stock.
F4: 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).