GLOBAL PAYMENTS INC — Director's Dealing 2018

May 15, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2018-05-14

Reporting Person: BALDWIN ROBERT H B JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-14	Common Stock	S	3800	$115.23	Disposed	101349	Direct
2018-05-14	Common Stock	S	2200	$116.05	Disposed	99149	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8856	Indirect

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 plan executed by the reporting person when he was not in possession of material non-public information.

F2: Reflects the weighted average sale price. The range of prices for such transaction is $114.79 to $115.77. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.

F3: Reflects the weighted average sale price. The range of prices for such transaction is $115.79 to $116.27. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.

F4: Shares held by the Robert H.B. Baldwin, Jr. Trust U/A/D June 30, 2004 (the "Trust"). The reporting person disclaims beneficial ownership of the securities held through the Trust and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.