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GLOBAL PAYMENTS INC — Director's Dealing 2015
Apr 15, 2015
30279_dirs_2015-04-15_fd9c49a5-cb6f-4d5b-ac9d-cd6274e92beb.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: 2015-04-14
Reporting Person: JACOBS WILLIAM I (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-04-14 | Common Stock | M | 4770 | $33.755 | Acquired | 34230 | Direct |
| 2015-04-14 | Common Stock | F | 1632 | $98.65 | Disposed | 32598 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-04-14 | Stock Option (Right to Buy) | $33.755 | M | 4770 | Disposed | 2015-09-22 | Common Stock (4770) | Direct |
Footnotes
F1: Represents forfeitures in connection with a "net exercise" of outstanding stock options. There were no open market sales of the shares by the reporting person. A total of 1,632 shares were withheld by Global Payments Inc. (the "Company") for payment of the exercise price, and the net exercises resulted in the issuance of 3,138 shares, in the aggregate, by the Company to the reporting person.
F2: Closing price of the Company's common stock on the transaction date.
F3: This grant became exercisable in 25% increments on the first (September 22, 2006), second (September 22, 2007), third (September 22, 2008), and fourth (September 22, 2009) anniversary of the grant date.