SEC Form 4 · accession 0000027996-18-000050
DELUXE CORP · DLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Malcolm McRoberts
Officer — Senior Vice President, SBS
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 5:10 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 Stock | Feb 23, 2018 | F | 472 | $73.81 | D | 34,425 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | holding | — | — | — | — | Jan 24, 2019 | Common Stock | 798 | 798 | D |
| Common Stock OptionF3 | $50.32 | holding | — | — | — | Feb 27, 2015 | Feb 27, 2021 | Common Stock | 12,372 | 12,372 | D |
| Common Stock OptionF3 | $67.08 | holding | — | — | — | Feb 12, 2016 | Feb 12, 2022 | Common Stock | 12,832 | 12,832 | D |
| Common Stock OptionF3 | $54.30 | holding | — | — | — | Feb 17, 2017 | Feb 17, 2023 | Common Stock | 26,356 | 26,356 | D |
| Common Stock OptionF3 | $75.61 | holding | — | — | — | Feb 23, 2018 | Feb 23, 2024 | Common Stock | 14,083 | 14,083 | D |
| Common Stock OptionF3 | $73.21 | holding | — | — | — | Feb 21, 2019 | Feb 21, 2025 | Common Stock | 11,982 | 11,982 | D |
Explanation of responses
- F1Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock. Total ownership includes 8,925 shares of restricted stock.
- F2Restricted Stock Units were awarded on 1/24/17 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 2016 annual incentive compensation in restricted stock units in lieu of cash.
- 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).