McRoberts Malcolm 4
4 · DELUXE CORP · Filed Jan 30, 2018
Insider Transaction Report
Form 4
DELUXE CORPDLX
McRoberts Malcolm
Senior Vice President & CIO
Transactions
- Exercise/Conversion
Common Stock
2018-01-29$38.80/sh+21,900$849,720→ 55,702 total - Tax Payment
Common Stock
2018-01-29$76.45/sh−16,498$1,261,272→ 39,204 total - Exercise/Conversion
Common Stock Option
2018-01-29−21,900→ 0 totalExercise: $38.80From: 2014-02-20Exp: 2020-02-20→ Common Stock (21,900 underlying) - Sale
Common Stock
2018-01-29$76.45/sh−5,402$412,983→ 33,802 total
Holdings
- 12,372
Common Stock Option
Exercise: $50.32From: 2015-02-27Exp: 2021-02-27→ Common Stock (12,372 underlying) - 12,832
Common Stock Option
Exercise: $67.08From: 2016-02-12Exp: 2022-02-12→ Common Stock (12,832 underlying) - 14,083
Common Stock Option
Exercise: $75.61From: 2018-02-23Exp: 2024-02-23→ Common Stock (14,083 underlying) - 798
Restricted Stock Units
Exercise: $0.00Exp: 2019-01-24→ Common Stock (798 underlying) - 26,356
Common Stock Option
Exercise: $54.30From: 2017-02-17Exp: 2023-02-17→ Common Stock (26,356 underlying)
Footnotes (4)
- [F1]Shares were sold in multiple transactions at prices ranging from $76.41 to $76.71. 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.
- [F2]Total ownership includes 10,302 shares of restricted stock.
- [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 the date of grant, provided the holder remains an employee of the Company. Date entered reflects date on which first installment vests(ed).