DELUXE CORP — Director's Dealing 2020

Nov 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2020-11-26

Reporting Person: McCarthy Barry C (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-26	Common Stock	M	32707	—	Acquired	46410	Direct
2020-11-26	Common Stock	F	16092	$28.29	Disposed	30318	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-26	Restricted Stock Unit	$0.0	M	32707	Disposed	2021-11-26	Common Stock (32707.0)	Direct

Footnotes

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 were granted on 11/26/2018 under the Company's Long Term Incentive Plan and vest pursuant to the following schedule: 20% on the first anniversary, 40% on the second anniversary, and 40% on the third anniversary of the date of grant. Subject to certain exceptions, vesting is contingent upon the holder remaining in the employ of the Company through such dates.