DELUXE CORP 4
4 · DELUXE CORP · Filed Feb 27, 2017
Insider Transaction Report
Form 4
DELUXE CORPDLX
Schroeder J Michael
SVP, General Counsel & Secy
Transactions
- Award
Common Stock
2017-02-23+1,190→ 3,612 total - Award
Common Stock Option
2017-02-23+5,828→ 5,828 totalExercise: $75.61From: 2018-02-23Exp: 2024-02-23→ Common Stock (5,828 underlying)
Holdings
- 520
Restricted Stock Units
Exercise: $0.00Exp: 2019-01-24→ Common Stock (520 underlying) - 1,069
Common Stock Option
Exercise: $67.08From: 2016-02-12Exp: 2022-02-12→ Common Stock (1,069 underlying) - 554
Common Stock Option
Exercise: $58.93From: 2015-07-07Exp: 2021-07-07→ Common Stock (554 underlying) - 9,088
Common Stock Option
Exercise: $54.30From: 2017-02-17Exp: 2023-02-17→ Common Stock (9,088 underlying) - 442
Restricted Stock Units
Exercise: $0.00Exp: 2018-01-25→ Common Stock (442 underlying)
Footnotes (4)
- [F1]Total ownership includes 3,536 shares of restricted stock.
- [F2]Restricted Stock Units were awarded on 1/25/16 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 2015 annual incentive compensation in restricted stock units in lieu of cash.
- [F3]Restricted 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.
- [F4]Options vest in three equal installments on the three succeeding anniversary dates of grant, provided the holder remains in the employ of the Company. Date entered reflects date on which first installment vests(ed).