DELUXE CORP — Director's Dealing 2023

Jan 31, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2023-01-27

Reporting Person: Parrilli Amanda B (SVP, Chief of Strategy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-28	Common Stock	M	827	—	Acquired	4058	Direct
2023-01-28	Common Stock	F	418	$19.99	Disposed	3640	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-27	Restricted Stock Unit	$0.0	A	4751	Acquired	2025-01-27	Common Stock (4751.0)	Direct
2023-01-28	Restricted Stock Unit	$0.0	M	827	Disposed	2023-01-28	Common Stock (827.0)	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 awarded under the Company's Stock Incentive Plan resulting from an advance election by executive to receive a portion of the executive's 2022 annual incentive compensation in restricted stock units in lieu of cash. 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.

F4: Restricted Stock Units awarded under the Company's Long-Term Incentive Plan resulting from an advance election by the holder to receive a portion of the holder's 2020 annual incentive compensation in restricted stock units, which units vested and were converted into common stock on the second anniversary of the date of grant.