GLOBAL PAYMENTS INC — Director's Dealing 2011

Jan 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2011-01-19

Reporting Person: TRAPP MICHAEL W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-19	Common Stock	M	520	$19.355	Acquired	5483	Direct
2011-01-19	Common Stock	S	520	$48	Disposed	4963	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-19	Non-Qualified Stock Option (right to buy)	$19.355	M	520	Disposed	2013-10-23	Common Stock (520)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3714	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 form has been amended to reflect $0.00 in price as no consideration was exchaged for this transaction.

F3: This option will become exercisable in 25% increments on the first (October 23, 2004), second (October 23, 2005), third (October 23, 2006) and fourth (October 23, 2007) anniversary of the grant date.