DELUXE CORP — Director's Dealing 2017

Aug 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2017-07-31

Reporting Person: Filby John D (Sr. V.P., Financial Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-31	Common Stock	M	26491	$23.81	Acquired	46154	Direct
2017-07-31	Common Stock	M	21900	$38.80	Acquired	68054	Direct
2017-07-31	Common Stock	M	12372	$50.32	Acquired	80426	Direct
2017-07-31	Common Stock	M	8270	$67.08	Acquired	88696	Direct
2017-07-31	Common Stock	M	7028	$54.30	Acquired	95724	Direct
2017-07-31	Common Stock	F	57125	$72.21	Disposed	38599	Direct
2017-07-31	Common Stock	S	18936	$72.21	Disposed	19663	Direct
2017-07-31	Common Stock	M	2285	$23.81	Acquired	21948	Direct
2017-07-31	Common Stock	F	1493	$72.20	Disposed	20455	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-07-31	Common Stock Option	$23.81	M	26491	Disposed	2019-04-30	Common Stock (26491)	Direct
2017-07-31	Common Stock Option	$23.81	M	2285	Disposed	2019-04-30	Common Stock (2285)	Direct
2017-07-31	Common Stock Option	$38.80	M	21900	Disposed	2020-02-20	Common Stock (21900)	Direct
2017-07-31	Common Stock Option	$50.32	M	12372	Disposed	2021-02-27	Common Stock (12372)	Direct
2017-07-31	Common Stock Option	$67.08	M	8270	Disposed	2022-02-12	Common Stock (8270)	Direct
2017-07-31	Common Stock Option	$54.30	M	7028	Disposed	2023-02-17	Common Stock (7028)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option	$75.61	2024-02-23	Common Stock (12141)	12141	Direct

Footnotes

F1: Total ownership includes 8,916 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).