DELUXE CORP — Director's Dealing 2013

Feb 21, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2013-02-19

Reporting Person: Godich Peter J (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-19	Common Stock	M	3800	$19.64	Acquired	15170	Direct
2013-02-19	Common Stock	M	4314	$18.28	Acquired	19484	Direct
2013-02-19	Common Stock	F	5280	$39.94	Disposed	14204	Direct
2013-02-19	Common Stock	M	3800	$32.65	Acquired	7133	Indirect
2013-02-19	Common Stock	M	2700	$22.52	Acquired	9833	Indirect
2013-02-19	Common Stock	M	3100	$18.28	Acquired	12933	Indirect
2013-02-19	Common Stock	M	1866	$25.59	Acquired	14799	Indirect
2013-02-19	Common Stock	M	1033	$25.45	Acquired	15832	Indirect
2013-02-19	Common Stock	F	9423	$39.94	Disposed	6409	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-19	Common Stock Option	$19.64	M	3800	Disposed	2015-06-18	Common Stock (3800)	Direct
2013-02-19	Common Stock Option	$18.28	M	4314	Disposed	2017-02-17	Common Stock (4314)	Direct
2013-02-20	Common Stock Option	$38.80	A	7900	Acquired	2020-02-20	Common Stock (7900)	Direct
2013-02-19	Common Stock Option	$32.65	M	3800	Disposed	2014-02-13	Common Stock (3800)	Indirect
2013-02-19	Common Stock Option	$22.52	M	2700	Disposed	2015-02-20	Common Stock (2700)	Indirect
2013-02-19	Common Stock Option	$18.28	M	3100	Disposed	2017-02-17	Common Stock (3100)	Indirect
2013-02-19	Common Stock Option	$25.59	M	1866	Disposed	2018-02-16	Common Stock (1866)	Indirect
2013-02-19	Common Stock Option	$25.45	M	1033	Disposed	2019-02-16	Common Stock (1033)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option	$32.65	2014-02-13	Common Stock (8300)	8300	Direct
Common Stock Option	$22.52	2015-02-20	Common Stock (6600)	6600	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

Footnotes

F1: 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).