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GLOBAL PAYMENTS INC — Director's Dealing 2017
Aug 9, 2017
30279_dirs_2017-08-09_b9f5a04f-4ada-4ec7-aac1-3a529ec20054.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: 2017-08-07
Reporting Person: JACOBS WILLIAM I (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-07 | Common Stock | M | 10804 | $21.275 | Acquired | 52079 | Direct |
| 2017-08-07 | Common Stock | F | 2376 | $96.76 | Disposed | 49703 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-07 | Non-qualified Stock Option (Right to Buy) | $21.275 | M | 10804 | Disposed | 2017-09-27 | Common Stock (10804) | Direct |
Footnotes
F1: Represents forfeitures in connection with a "net exercise" of outstanding stock options. A total of 2,376 shares were withheld by Global Payments Inc. (the "Company") for payment of the exercise price, and the net exercises resulted in the issuance of 8,428 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 27, 2008), second (September 27, 2009), third (September 27, 2010) and fourth (September 27, 2011) anniversary of the grant date.