DELUXE CORP — Director's Dealing 2020

Feb 7, 2020

SEC Form 4/A — Form 4/A

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2020-01-21

Reporting Person: Bush Keith A (Sr. Vice President, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-21	Common Stock	A	2338	—	Acquired	10834	Direct
2020-01-21	Common Stock	F	1152	$49.1	Disposed	9682	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-21	Restricted Stock Units	$0	A	6324	Acquired	2022-01-21	Common Stock (6324)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0	2021-01-22	Common Stock (6052)	6052	Direct
Restricted Stock Units	$0		Common Stock (7443)	7443	Direct
Common Stock Option	$72.17	2024-03-31	Common Stock (20678)	20678	Direct
Common Stock Option	$73.21	2025-02-21	Common Stock (19172)	19172	Direct
Common Stock Option	$44.69	2029-04-01	Common Stock (53419)	53419	Direct

Footnotes

F1: This amendment corrects amounts previously reported in connection with the settlement of performance share units that vested based on the level of achievement of the specified performance targets.

F2: Total ownership includes 4,118 shares of restricted stock.

F3: Restricted Stock Units were awarded on 1/22/19 under the Company's Long-Term 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 2018 annual incentive compensation in restricted stock units in lieu of cash.

F4: Restricted Stock Units awarded 4/1/19 under the Company's Long-Term Incentive Plan, subject to the following vesting schedule: 5,594 units will vest in four equal amounts on each of the first four anniversaries of the date of grant, and 1,849 units will vest in three equal amounts on each of the first three anniversaries of the 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.

F5: Restricted Stock Units were awarded on 1/21/2020 under the Company's Long Term 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 2019 annual incentive compensation in restricted stock units in lieu of cash.

F6: 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).

F7: Options vest in four equal installments on the four 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).