DELUXE CORP — Director's Dealing 2016

May 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2016-05-10

Reporting Person: BALDWIN RONALD C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-10	Common Stock	S	3500	$63.72	Disposed	18024	Direct

Footnotes

F1: The shares were sold in multiple transactions at prices ranging from $63.70 to $63.75. 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 2,183 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.