4//SEC Filing
SCHRAM LEE J 4
Accession 0000027996-18-000079
CIK 0000027996other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 4:28 PM ET
Size
12.7 KB
Accession
0000027996-18-000079
Insider Transaction Report
Form 4
DELUXE CORPDLX
SCHRAM LEE J
Chief Executive Officer
Transactions
- Sale
Common Stock
2018-06-04$68.00/sh−500$34,000→ 275,372 total
Holdings
- 11,406
Restricted Stock Units
Exercise: $0.00Exp: 2020-01-19→ Common Stock (11,406 underlying) - 127,238
Common Stock Option
Exercise: $54.30From: 2017-02-17Exp: 2023-02-17→ Common Stock (127,238 underlying) - 81,480
Common Stock Option
Exercise: $73.21From: 2019-02-21Exp: 2025-02-21→ Common Stock (81,480 underlying) - 64,162
Common Stock Option
Exercise: $67.08From: 2016-02-12Exp: 2022-02-12→ Common Stock (64,162 underlying) - 77,700
Common Stock Option
Exercise: $75.61From: 2018-02-23Exp: 2024-02-23→ Common Stock (77,700 underlying)
Footnotes (5)
- [F1]The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2018.
- [F2]Shares were sold in multiple transactions at prices ranging from $68.00 to $68.02. 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.
- [F3]Total ownership includes 49,461 shares of restricted stock.
- [F4]Restricted 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.
- [F5]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).
Documents
Issuer
DELUXE CORP
CIK 0000027996
Entity typeother
Related Parties
1- filerCIK 0001228410
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 4:28 PM ET
- Size
- 12.7 KB