SEC Form 4 · accession 0000027996-19-000004
DELUXE CORP · DLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith A Bush
Officer — Sr. Vice President, CFO
Period of report
Jan 22, 2019
Accepted (ET)
Jan 24, 2019 · 12:57 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 | holding | — | — | — | 9,851 | 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 | Jan 22, 2019 | A | 6,052 | A | — | Jan 22, 2021 | Common Stock | 6,052 | 6,052 | D |
| Common Stock OptionF3 | $72.17 | holding | — | — | — | Mar 31, 2018 | Mar 31, 2024 | Common Stock | 20,678 | 20,678 | D |
| Common Stock OptionF3 | $73.21 | holding | — | — | — | Feb 21, 2019 | Feb 21, 2025 | Common Stock | 19,172 | 19,172 | D |
Explanation of responses
- F1Total ownership includes 6,870 shares of restricted stock.
- F2Restricted 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.
- 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).