GLOBAL PAYMENTS INC — Director's Dealing 2011

Mar 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2011-03-15

Reporting Person: JACOBS WILLIAM I (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-15	Common Stock	M	364	$14.875	Acquired	11603	Direct
2011-03-15	Common Stock	S	364	$45.77	Disposed	11239	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-15	Non-Qualified Stock Option (right to buy)	$14.875	M	364	Disposed	2011-10-25	Common Stock (364)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21646	Indirect

Footnotes

F1: Pursuant to 10b(5)-1 Sales Plan executed by reporting person, when he/she was not in possession of material nonpublic information.

F2: This option will become exercisable on the anniversary of the grant date in the following increments: 25% on the second anniversary (October 25, 2003), 20% on the third anniversary (October 25, 2004), 25% on the fourth anniversary (October 25, 2005) and 30% on the fifth anniversary (October 25, 2006).