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GLOBAL PAYMENTS INC — Director's Dealing 2012
Jun 5, 2012
30279_dirs_2012-06-05_7188d4fb-2895-49ee-a172-f511d0e90f2a.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: 2012-06-01
Reporting Person: GARCIA PAUL R (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-06-01 | Common Stock | M | 200000 | $18.235 | Acquired | 458660 | Direct |
| 2012-06-01 | Common Stock | F | 134308 | $42.48 | Disposed | 324352 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-06-01 | Non-Qualified Stock Option (right to buy) | $18.235 | M | 200000 | Disposed | 2012-06-03 | Common Stock (200000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 898 | Indirect |
| Common Stock | 17021 | Indirect |
Footnotes
F1: 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 annunity payments.
F2: This option will become exercisable on the anniversary of the grant date in the following increments: 20% on the second anniversary (June 3, 2004), 25% on the third anniversary (June 3, 2005), 25% on the fourth anniversary (June 3, 2006) and 30% on the fifth anniversary (June 3, 2007).