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GLOBAL PAYMENTS INC — Director's Dealing 2011
Feb 7, 2011
30279_dirs_2011-02-07_29914b13-422c-4120-b0c5-9658563be374.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2011-02-03
Reporting Person: HART ALEX W (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-03 | Common Stock | M | 4624 | $14.875 | Acquired | 20227 | Direct |
| 2011-02-03 | Common Stock | S | 4624 | $48.137 | Disposed | 15603 | Direct |
| 2011-02-03 | Common Stock | M | 3940 | $14.275 | Acquired | 19543 | Direct |
| 2011-02-03 | Common Stock | S | 3940 | $48.137 | Disposed | 15603 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-03 | Non-Qualified Stock Option (right to buy) | $14.275 | M | 3940 | Disposed | 2012-10-23 | Common Stock (3940) | Direct |
| 2011-02-03 | Non-Qualified Stock Option (right to buy) | $14.875 | M | 4624 | Disposed | 2011-10-25 | Common Stock (4624) | Direct |
Footnotes
F1: Reflects the weighted average sale price. The range of prices for such transaction is $48.09 to $48.23 The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
F2: This option will become exercisable on the anniversary of the grant date in the following increments: 25% on the second anniversary (October 23, 2004), 20% on the third anniversary (October 23, 2005), 25% on the fourth anniversary (October 23, 2006) and 30% on the fifth anniversary (October 23, 2007).
F3: 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).