SEC Form 4 · accession 0000027996-17-000020
DELUXE CORP · DLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee J Schram
Officer — Chief Executive Officer · Director
Period of report
Jan 24, 2017
Accepted (ET)
Jan 26, 2017 · 8:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000027996
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 24, 2017 | A | 18,004 | — | A | 296,162 | D | |
| Comon StockF2 | Jan 24, 2017 | F | 9,382 | $73.63 | D | 286,780 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionF3 | $25.59 | holding | — | — | — | Feb 16, 2012 | Feb 16, 2018 | Common Stock | 54,200 | 54,200 | D |
| Common Stock OptionF3 | $25.45 | holding | — | — | — | Feb 16, 2013 | Feb 16, 2019 | Common Stock | 106,000 | 106,000 | D |
| Common Stock OptionF3 | $38.80 | holding | — | — | — | Feb 20, 2014 | Feb 20, 2020 | Common Stock | 95,800 | 95,800 | D |
| Common Stock OptionF3 | $50.32 | holding | — | — | — | Feb 27, 2015 | Feb 27, 2021 | Common Stock | 64,435 | 64,435 | D |
| Common Stock OptionF3 | $67.08 | holding | — | — | — | Feb 12, 2016 | Feb 12, 2022 | Common Stock | 64,162 | 64,162 | D |
| Common Stock OptionF3 | $54.30 | holding | — | — | — | Feb 17, 2017 | Feb 17, 2023 | Common Stock | 127,238 | 127,238 | D |
Explanation of responses
- F1This award reflects the settlement of performance share units that were determined to vest based on the level of achievement of the specified performance targets.
- F2Total ownership includes 82,710 shares of restricted stock.
- F3Options 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).