DELUXE CORP — Director's Dealing 2015

May 15, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2015-05-14

Reporting Person: BALDWIN RONALD C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-14	Common Stock	S	3000	$64.40	Disposed	19341	Direct

Footnotes

F1: The shares were sold in multiple transactions at prices ranging from $64.38 to $64.49. 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 1,873 shares of restricted stock, and 4,424 restricted stock units that will convert to shares of Common Stock on deferred dates specified by the director.