GLOBAL PAYMENTS INC — Director's Dealing 2011

Apr 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2011-04-01

Reporting Person: TRAPP MICHAEL W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-01	Common Stock	M	686	$19.355	Acquired	5649	Direct
2011-04-01	Common Stock	S	686	$50	Disposed	4963	Direct
2011-04-01	Common Stock	M	4770	$33.755	Acquired	9733	Direct
2011-04-01	Common Stock	S	4770	$50	Disposed	4963	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-01	Non-Qualified Stock Option (right to buy)	$19.355	M	686	Disposed	2013-10-23	Common Stock (686)	Direct
2011-04-01	Non-Qualified Stock Option (right to buy)	$33.755	M	4770	Disposed	2015-09-22	Common Stock (4770)	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.

F4: This grant will become exercisable in 25% increments on the first (September 22, 2006), second (September 22, 2007), third (September 22, 2008), and fourth (September 22, 2009) anniversary of the grant date.