DELUXE CORP — Director's Dealing 2014

Mar 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2014-02-27

Reporting Person: Godich Peter J (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-27	Common Stock	A	1158	—	Acquired	13362	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-27	Comon Stock Option	$50.32	A	4510	Acquired	2021-02-27	Common Stock (4510)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7094	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option	$25.45	2019-02-16	Common Stock (4100)	4100	Direct
Common Stock Option	$38.80	2020-02-20	Common Stock (7900)	7900	Direct

Footnotes

F1: Total ownership includes 1,158 shares of restricted stock.

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).