SEC Form 4 · accession 0001218164-15-000042
DELUXE CORP · DLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Malcolm McRoberts
Officer — Senior Vice President, SBS
Period of report
Aug 10, 2015
Accepted (ET)
Aug 12, 2015 · 4:39 pm EDT
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 12, 2015 | M | 12,600 | $25.59 | A | 38,448 | D | |
| Common Stock | Aug 10, 2015 | M | 4,900 | $25.11 | A | 43,348 | D | |
| Common Stock | Aug 10, 2015 | F | 11,812 | $64.13 | D | 31,536 | D | |
| Common StockF1,F2 | Aug 11, 2015 | S | 5,688 | $63.47 | D | 25,848 | 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 OptionF5 | $25.59 | Aug 10, 2015 | M | 12,600 | D | Feb 16, 2012 | Feb 16, 2018 | Common Stock | 12,600 | 0 | D |
| Common Stock OptionF5 | $25.11 | Aug 10, 2015 | M | 4,900 | D | Mar 1, 2012 | Mar 1, 2018 | Common Stock | 4,900 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | holding | — | — | — | — | Jan 21, 2016 | Common Stock | 2,128 | 2,128 | D |
| Restricted Stock UnitsF4 | $0.00 | holding | — | — | — | — | Jan 20, 2017 | Common Stock | 1,882 | 1,882 | D |
| Common Stock OptionF5 | $25.45 | holding | — | — | — | Feb 16, 2013 | Feb 16, 2019 | Common Stock | 28,200 | 28,200 | D |
| Common Stock OptionF5 | $38.80 | holding | — | — | — | Feb 20, 2014 | Feb 20, 2020 | Common Stock | 21,900 | 21,900 | D |
| Common Stock OptionF5 | $50.32 | holding | — | — | — | Feb 27, 2015 | Feb 27, 2021 | Common Stock | 12,372 | 12,372 | D |
| Common Stock OptionF5 | $67.08 | holding | — | — | — | Feb 12, 2016 | Feb 12, 2022 | Common Stock | 12,832 | 12,832 | D |
Explanation of responses
- F1The shares were sold in multiple transactions at prices ranging from $63.31 to $63.72. The price reported is the weighted average sale price. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the selling range.
- F2Total ownership includes 6,155 shares of restricted stock.
- F3Restricted Stock Units were awarded on 1/21/2014 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 2013 annual incentive compensation in restricted stock units in lieu of cash.
- F4Restricted Stock Units were awarded on 1/20/2015 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 2014 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).