GLOBAL PAYMENTS INC — Director's Dealing 2017

Jan 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2017-01-12

Reporting Person: SILBERSTEIN ALAN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-12	Common Stock	M	10804	$21.275	Acquired	58270	Direct
2017-01-12	Common Stock	F	2962	$77.60	Disposed	55308	Direct
2017-01-13	Common Stock	S	3865	$77.52	Disposed	51443	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-12	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 2,962 shares were withheld by Global Payments Inc. (the "Company") for payment of the exercise price, and the net exercises resulted in the issuance of 7,842 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 will become 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.