McRoberts Malcolm 4
4 · DELUXE CORP · Filed Feb 27, 2018
Insider Transaction Report
Form 4
DELUXE CORPDLX
McRoberts Malcolm
Senior Vice President & CIO
Transactions
- Tax Payment
Common Stock
2018-02-23$73.81/sh−472$34,838→ 34,425 total
Holdings
- 12,372
Common Stock Option
Exercise: $50.32From: 2015-02-27Exp: 2021-02-27→ Common Stock (12,372 underlying) - 26,356
Common Stock Option
Exercise: $54.30From: 2017-02-17Exp: 2023-02-17→ Common Stock (26,356 underlying) - 14,083
Common Stock Option
Exercise: $75.61From: 2018-02-23Exp: 2024-02-23→ Common Stock (14,083 underlying) - 11,982
Common Stock Option
Exercise: $73.21From: 2019-02-21Exp: 2025-02-21→ Common Stock (11,982 underlying) - 798
Restricted Stock Units
Exercise: $0.00Exp: 2019-01-24→ Common Stock (798 underlying) - 12,832
Common Stock Option
Exercise: $67.08From: 2016-02-12Exp: 2022-02-12→ Common Stock (12,832 underlying)
Footnotes (3)
- [F1]Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock. Total ownership includes 8,925 shares of restricted stock.
- [F2]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.
- [F3]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).