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GLOBAL PAYMENTS INC — Director's Dealing 2017
Oct 10, 2017
30279_dirs_2017-10-10_cd05225f-1a52-4937-ba22-0ba991ad81b4.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: 2017-10-05
Reporting Person: Green David Lawrence (EVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-10-05 | Common Stock | A | 29073 | $96.79 | Acquired | 63690 | Direct |
| 2017-10-05 | Common Stock | F | 4646 | $96.79 | Disposed | 59044 | Direct |
Footnotes
F1: Represents shares of restricted common stock issued as a result of the conversion of performance-based restricted units, which were originally granted on September 30, 2014, and were earned based on the absolute share price appreciation of the Company's stock and the relative share price appreciation of the Company's stock compared to the S&P 500 index at the end of a three-year performance period. One-third of the restricted shares vested immediately on October 5, 2017, and the remaining two-thirds of the shares will vest in equal increments on each of September 30, 2018 and 2019.
F2: Balance includes shares acquired under the company's dividend reinvestment plan.
F3: Represents the disposition of shares to the company to cover taxes on the vesting of awards.