Company: DLX
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000027996-25-000107
Chunk: 50

Company: DELUXE CORP
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 50
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 ($)                        |         |
| Barry C. McCarthy    |     |                                      | 99,626 |     |                            | 2,029,828 |     |                                      | 33,518 |     |                            | 670,695 |
| William C. Zint      |     |                                      |  9,039 |     |                            |   186,413 |     |                                      |      — |     |                            |       — |
| Tracey G. Engelhardt |     |                                      | 14,575 |     |                            |   299,770 |     |                                      |  4,190 |     |                            |  83,842 |
| Yogaraj Jeyaprakasam |     |                                      | 34,040 |     |                            |   763,745 |     |                                      |      — |     |                            |       — |
| Jeffrey L. Cotter    |     |                                      | 11,366 |     |                            |   232,290 |     |                                      |  6,285 |     |                            | 125,763 |

(1) Value realized equals the closing price of our common stock on the vesting date multiplied by the number of shares vested.

#### Non-Qualified Deferred Compensation
Our Deferred Compensation Plan permits eligible employees to defer annually the receipt of up to 100% of base salary, and up to 50% of annual cash bonuses. In connection with this plan, we have created a non-qualified grantor trust (commonly known as a Rabbi Trust) through which our obligations under the plan are funded. No assets are set aside for individual participants in the plan, and the trust assets remain subject to the claims of our creditors. Amounts deferred under the plan are payable on the earliest to occur of a change of control of our company, the participant's termination of employment, disability or death, or the date for payment selected by the participant, unless a delay in payments is otherwise required by Section 409A. Deferred amounts are credited with gains and losses based on the performance of deemed investment options (i.e., phantom funds) selected by the participant. We also may make ERISA excess payments and/or contributions of benefit plan equivalents to participants' accounts if IRS limits or the deferrals made by a participant under this plan have the effect of reducing the contributions they otherwise would receive from us under our qualified benefit plans.

The following table summarizes activity under these plans for each of the NEOs during 2024