DELUXE CORP — Director's Dealing 2013

Aug 14, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2013-08-13

Reporting Person: Godich Peter J (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-13	Common Stock	M	8300	$32.65	Acquired	20504	Direct
2013-08-13	Common Stock	S	8300	$42.70	Disposed	12204	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-13	Common Stock Option	$32.65	M	8300	Disposed	2014-02-13	Common Stock (8300)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7094	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option	$22.52	2015-02-20	Common Stock (6600)	6600	Direct
Common Stock Option	$18.28	2017-02-17	Common Stock (8986)	8986	Direct
Common Stock Option	$25.59	2018-02-16	Common Stock (12600)	12600	Direct
Common Stock Option	$25.45	2019-02-16	Common Stock (12300)	12300	Direct
Common Stock Option	$38.80	2020-02-20	Common Stock (7900)	7900	Direct

Footnotes

F1: These shares were sold in multiple transactions at prices ranging from $42.65 to $42.75. 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 range.

F2: 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).