GLOBAL PAYMENTS INC — Director's Dealing 2011

Jan 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2010-08-13

Reporting Person: GARCIA PAUL R (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-13	Common Stock	G	140492	—	Disposed	228234	Direct
2010-08-13	Common Stock	G	17364	—	Disposed	210870	Direct
2010-08-13	Common Stock	G	140492	—	Acquired	140492	Indirect
2010-08-13	Common Stock	G	17364	—	Acquired	17364	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17021	Indirect
Common Stock	898	Indirect

Footnotes

F1: The reporting person previously reported on a Form 4 filed on August 16, 2010 his gift of 140,492 shares of issuer common stock to Six Pack Enterprises, LLLP (the "Family LP"), a family limited partnership of which the reporting person and his spouse are the sole general partners and of which the reporting person was the 98% limited partner. This line item reflects the acquisition of such shares by gift by the Family LP. The reporting person disclaims beneficial ownership of the shares held by the Family LP, except to the extent of his and his spouse's pecuniary interest in such shares.

F2: The reporting person previously reported on a Form 4 filed on August 16, 2010 his gift of 17,364 shares of issuer common stock to the Garcia Gift Trust (the "Gift Trust"), a grantor trust for the benefit of the reporting person's children and grandchildren and of which the reporting persons' spouse is sole trustee. This line item reflects the acquisition of such shares by gift by the Gift Trust. The reporting person disclaims beneficial ownership of the shares held by the Gift Trust, except to the extent of his and his family members' pecuniary interest in such shares.

F3: On January 21, 2010, the reporting person sold his 98% limited partnership interest in the Family LP, for an aggregate purchase price of $4,322,811, to the Gift Trust. As a result of such transaction, the reporting person is no longer the limited partner of Family LP (but remains a general partner of Family LP along with his spouse), and the Gift Trust is the 98% limited partner of Family LP. No transfer of shares of issuer common stock took place as a result of the transaction.

F4: These shares are held in a grantor retained annuity trust for the benefit of the reporting person's children. The reporting person's spouse is the trustee of the trust. The reporting person has the sole right to receive annuity payments.