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GLOBAL PAYMENTS INC — Director's Dealing 2014
Feb 3, 2014
30279_dirs_2014-02-03_0cbc5119-30ac-4612-86b2-39159b92e79a.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: 2014-01-30
Reporting Person: Schuessler Morgan M (EVP HR & Corp Communications)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-30 | Common Stock | M | 10000 | $45.86 | Acquired | 44403 | Direct |
| 2014-01-30 | Common Stock | M | 4986 | $37.40 | Acquired | 49389 | Direct |
| 2014-01-30 | Common Stock | M | 6581 | $37.40 | Acquired | 55970 | Direct |
| 2014-01-30 | Common Stock | F | 17268 | $67.67 | Disposed | 38702 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-30 | Non-qualified Stock Option (Right to Buy) | $45.86 | M | 10000 | Disposed | 2016-06-02 | Common Stock (10000) | Direct |
| 2014-01-30 | Non-qualified Stock Option (Right to Buy) | $37.40 | M | 4986 | Disposed | 2017-07-31 | Common Stock (4986) | Direct |
| 2014-01-30 | Non-qualified Stock Option (Right to Buy) | $37.40 | M | 6581 | Disposed | 2020-07-29 | Common Stock (6581) | Direct |
Footnotes
F1: Represents forfeitures in connection with three "net exercises" of outstanding stock options. There were no open market sales of the shares by the reporting person. A total of 17,268 shares were withheld by Global Payments Inc. (the "Company") for payment of the exercise price and applicable taxes, and the net exercises resulted in the issuance of 4,299 shares, in the aggregate, by the Company to the reporting person.
F2: Closing price for the Company's common stock on the transaction date.
F3: The option became exercisable in 25% increments on the first (June 2, 2007), second (June 2, 2008), third (June 2, 2009) and fourth (June 2, 2010) anniversary of the grant.
F4: The option became exercisable in 25% increments on the first (July 31, 2008), second (July 31, 2009), third (July 31, 2010) and fourth (July 31, 2011) anniversary of the grant.
F5: The option became exercisable in 25% increments on the first (July 29, 2011), second (July 29, 2012), third (July 29, 2013), and fourth (July 29, 2014) anniversary of the grant.