GLOBAL PAYMENTS INC — Director's Dealing 2014

Mar 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2014-02-28

Reporting Person: TRAPP MICHAEL W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-28	Common Stock	M	5402	$42.55	Acquired	18549	Direct
2014-02-28	Common Stock	S	5402	$70.2315	Disposed	13147	Direct
2014-02-28	Common Stock	M	6250	$43.78	Acquired	19397	Direct
2014-02-28	Common Stock	S	6250	$70.2315	Disposed	13147	Direct
2014-02-28	Common Stock	M	4370	$38.94	Acquired	17517	Direct
2014-02-28	Common Stock	S	4370	$70.2315	Disposed	13147	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-28	Non-qualified Stock Option (Right to Buy)	$42.55	M	5402	Disposed	2017-09-27	Common Stock (5402)	Direct
2014-02-28	Non-qualified Stock Option (Right to Buy)	$43.78	M	6250	Disposed	2018-09-29	Common Stock (6250)	Direct
2014-02-28	Non-qualified Stock Option (Right to Buy)	$38.94	M	4370	Disposed	2016-09-28	Common Stock (4370)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3714	Indirect

Footnotes

F1: Pursuant to Rule 10b5-1 Sales Plan executed by reporting person when he was not in possession of material nonpublic information.

F2: This grant became exercisable in 25% increments on the first (September 28, 2007), second (September 28, 2008), third (September 28, 2009), and fourth (September 28, 2010) anniversary of the grant date.

F3: This grant became exercisable in 25% increments on the first (September 27, 2008), second (September 27, 2009), third (September 27, 2010) and fourth (September 27, 2011) anniversary of the grant date.

F4: This grant became exercisable in 25% increments on the first (September 29, 2009), second (September 29, 2010), third (September 29, 2011) and fourth (September 29, 2011) anniversary of the grant date.