SCHLAIS WARNER F 4
4 · DELUXE CORP · Filed Jan 27, 2005
Insider Transaction Report
Form 4
DELUXE CORPDLX
SCHLAIS WARNER F
Sr. V.P. and CIO
Transactions
- Award
Restricted Stock Units
2005-01-25$35.44/sh+4,071$144,276→ 4,071 totalExercise: $0.00Exp: 2007-01-25→ Common Stock (4,071 underlying)
Holdings
- 20,000
Common Stock Option
Exercise: $47.67From: 2003-03-14Exp: 2009-03-14→ Common Stock (20,000 underlying) - 9,548
Common Stock
- 22,500
Common Stock Option
Exercise: $38.54From: 2004-03-10Exp: 2010-03-10→ Common Stock (22,500 underlying) - 2,400
Common Stock Option
Exercise: $42.35From: 2005-05-04Exp: 2011-05-04→ Common Stock (2,400 underlying)
Footnotes (3)
- [F1]Includes 500 shares of restricted stock.
- [F2]Restricted Stock Units were awarded on 1/25/05 under the Company's Stock 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 election to receive a portion of the holder's 2004 incentive compensation in restricted stock units in lieu of cash. Acquisition price is based on the closing price of the Company's common stock on date of grant.
- [F3]Options vest in three equal installments on the three succeeding anniversaries of the date of grant, provided the holder remains an employee of the Company. Date entered reflects date on which first installment vests(ed).