DELUXE CORP — Director's Dealing 2016

Feb 19, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2016-02-17

Reporting Person: SCHRAM LEE J (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-17	Common Stock	A	21464	—	Acquired	278158	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-17	Common Stock Option	$54.30	A	127238	Acquired	2023-02-17	Common Stock (127238)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option	$18.28	2017-02-17	Common Stock (66600)	66600	Direct
Common Stock Option	$25.59	2018-02-16	Common Stock (108400)	108400	Direct
Common Stock Option	$25.45	2019-02-16	Common Stock (106000)	106000	Direct
Common Stock Option	$38.80	2020-02-20	Common Stock (95800)	95800	Direct
Common Stock Option	$50.32	2021-02-27	Common Stock (64435)	64435	Direct
Common Stock Option	$67.08	2022-02-12	Common Stock (64162)	64162	Direct

Footnotes

F1: Total ownership includes 82,710 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).