DELUXE CORP — Director's Dealing 2017

Mar 1, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2017-02-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-27	Common Stock	F	1068	$75.79	Disposed	19663	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-23	Common Stock Option	$75.61	A	12141	Acquired	2024-02-23	Common Stock (12141)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option	$23.81	2019-04-30	Common Stock (28776)	28776	Direct
Common Stock Option	$38.80	2020-02-20	Common Stock (21900)	21900	Direct
Common Stock Option	$50.32	2021-02-27	Common Stock (12372)	12372	Direct
Common Stock Option	$67.08	2022-02-12	Common Stock (12405)	12405	Direct
Common Stock Option	$54.30	2023-02-17	Common Stock (21085)	21085	Direct

Footnotes

F1: Transaction reflects withholding of shares to satisfy tax liabilities associated with vesting of restricted stock. 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).