DELUXE CORP — Director's Dealing 2014

May 13, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2014-05-12

Reporting Person: Nachtsheim Stephen P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-12	Common Stock	S	8000	$56.68	Disposed	45390	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3582	Indirect

Footnotes

F1: The shares were sold in multiple transactions at prices ranging from $56.65 to $56.78. 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: Total direct ownership reported in column 5 includes 25,942 restricted stock units.