X0306 4 2020-01-21 0000027996 DELUXE CORP DLX 0001437814 Cotter Jeffrey Louis 3680 VICTORIA STREET N SHOREVIEW MN 55126 0 1 0 0 CAO, SVP & General Counsel Common Stock 3862 D Restricted Stock Units 0 Common Stock 4563 4563 D Restricted Stock Units 0 2020-01-21 4 A 0 4978 0 A 2022-01-21 Common Stock 4978 4978 D Common Stock Option 68.62 2019-06-11 2025-06-11 Common Stock 10196 10196 D Common Stock Option 44.69 2020-04-01 2029-04-01 Common Stock 32051 32051 D Total ownership includes 1,458 shares of restricted stock. Restricted stock units awarded on 4/1/19 under the Company's Long-Term Incentive Plan, subject to the following vesting schedule: 3,356 units will vest in four equal amounts on each of the first four anniversaries of the date of grant, and 1,207 units will vest in three equal amounts on each of the first three anniversaries of the date of grant. Upon vesting, each unit is converted into a share of common stock. Subject to certain exceptions, vesting is contingent upon continued employment. Restricted Stock Units were awarded on 1/21/2020 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 2019 annual incentive compensation in restricted stock units in lieu of cash. 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). Options vest in four equal installments on the four 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). Jeffrey L. Cotter 2020-01-22