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GLOBAL PAYMENTS INC — Director's Dealing 2011
Jan 21, 2011
30279_dirs_2011-01-21_ee6c48e3-1b19-4824-ad30-066d89ed2da9.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: 2011-01-20
Reporting Person: Schuessler Morgan M (EVP HR & Corp Communications)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-01-20 | Common Stock | M | 5000 | $27.76 | Acquired | 23033 | Direct |
| 2011-01-20 | Common Stock | S | 5000 | $47.121 | Disposed | 18033 | Direct |
| 2011-01-20 | Common Stock | M | 6000 | $31.575 | Acquired | 24033 | Direct |
| 2011-01-20 | Common Stock | S | 6000 | $47.377 | Disposed | 18033 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-20 | Non-Qualified Stock Option (right to buy) | $27.76 | M | 5000 | Disposed | 2015-02-28 | Common Stock (5000) | Direct |
| 2011-01-20 | Non-Qualified Stock Option (right to buy) | $31.575 | M | 6000 | Disposed | 2015-07-19 | Common Stock (6000) | Direct |
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: Reflects the weighted average sale price. The range of prices for such transaction is $47.05 to $47.59. 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.
F3: This option will become exercisable in 25% increments on the first (February 28, 2006), second (February 28, 2007), third (February 28, 2008) and fourth (February 28, 2009) anniversary of the grant.
F4: Grant to reporting person of option to buy shares of stock. The option will become exercisable in 25% increments on the first (July 19, 2006), second (July 19, 2007), third (July 19, 2008) and fourth (July 19, 2009) anniversary of the grant.