SEC Form 4 · accession 0000027996-19-000029
DELUXE CORP · DLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie M Loosbrock
Officer — Sr. V.P., Human Resources
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 3:03 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 21, 2019 | F | 189 | $49.00 | D | 11,663 | D | |
| Common Stock | Feb 22, 2019 | F | 169 | $48.89 | D | 11,494 | 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 UnitsF3 | $0.00 | holding | — | — | — | — | Jan 19, 2020 | Common Stock | 732 | 732 | D |
| Restricted Stock UnitsF4 | $0.00 | holding | — | — | — | — | Jan 22, 2021 | Common Stock | 2,512 | 2,512 | D |
| Common Stock OptionF5 | $67.08 | holding | — | — | — | Feb 12, 2016 | Feb 12, 2022 | Common Stock | 1,604 | 1,604 | D |
| Common Stock OptionF5 | $54.30 | holding | — | — | — | Feb 17, 2017 | Feb 17, 2023 | Common Stock | 3,332 | 3,333 | D |
| Common Stock OptionF5 | $75.61 | holding | — | — | — | Feb 23, 2018 | Feb 23, 2024 | Common Stock | 5,828 | 5,828 | D |
| Common Stock OptionF5 | $73.21 | holding | — | — | — | Feb 21, 2019 | Feb 21, 2025 | Common Stock | 6,231 | 6,231 | D |
Explanation of responses
- F1Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock. Total ownership includes 1,682 shares of restricted stock.
- F2Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock. Total ownership includes 1,285 shares of restricted stock.
- F3Restricted Stock Units were awarded on 1/19/18 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 2017 annual incentive compensation in restricted stock units in lieu of cash.
- F4Restricted 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.
- F5Options 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).