GLOBAL PAYMENTS INC — Director's Dealing 2014

Jul 28, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2014-07-26

Reporting Person: Schuessler Morgan M (President - International)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-26	Common Stock	A	12927	$71.77	Acquired	51629	Direct
2014-07-26	Common Stock	A	1810	$71.77	Acquired	53439	Direct
2014-07-26	Common Stock	F	3944	$71.77	Disposed	49495	Direct

Footnotes

F1: Represents shares of restricted stock issued as a result of the vesting of performance-based restricted stock units which were originally granted on July 26,2013 and were earned based on certain financial measures. 25% of the restricted shares vested immediately on the date of issuance, and the remaining shares will vest in 25% increments on each of the first three anniversaries of the date of issuance.

F2: Represents shares of fully-vested stock issued as a result of the vesting of performance-based restricted stock units which were originally granted on July 26, 2011 and were earned based on the company's three-year total shareholder return compared to the S&P 500.

F3: Represents the disposition of shares to the company to cover taxes on the vesting of awards.