DELUXE CORP — Director's Dealing 2013

Mar 4, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2013-02-28

Reporting Person: Radewald Laura L. (Vice President, Brand)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-28	Common Stock	M	4433	$18.28	Acquired	16464	Direct
2013-02-28	Common Stock	M	4600	$22.52	Acquired	21064	Direct
2013-02-28	Common Stock	M	2933	$25.45	Acquired	23997	Direct
2013-02-28	Common Stock	M	4812	$25.59	Acquired	28809	Direct
2013-02-28	Common Stock	F	12031	$39.68	Disposed	16778	Direct
2013-03-01	Common Stock	S	7000	$39.48	Disposed	9778	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-28	Common Stock Option	$22.52	M	4600	Disposed	2015-02-20	Common Stock (4600)	Direct
2013-02-28	Common Stock Option	$18.28	M	4433	Disposed	2017-02-17	Common Stock (4433)	Direct
2013-02-28	Common Stock Option	$25.59	M	4812	Disposed	2018-02-16	Common Stock (4812)	Direct
2013-02-28	Common Stock Option	$25.45	M	2933	Disposed	2019-02-16	Common Stock (2933)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option	$38.80	2020-02-20	Common Stock (5700)	5700	Direct

Footnotes

F1: These shares were sold in multiple transactions at prices ranging from $39.47 to $39.52. 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.

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).