GLOBAL PAYMENTS INC — Director's Dealing 2018

Mar 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2018-02-27

Reporting Person: SILBERSTEIN ALAN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-27	Common Stock	M	12500	$21.89	Acquired	56193	Direct
2018-02-27	Common Stock	F	2396	$114.20	Disposed	53797	Direct
2018-02-27	Common Stock	G	2000	—	Disposed	51797	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-27	Non-qualified Stock Option (Right to Buy)	$21.89	M	12500	Disposed	2018-09-29	Common Stock (12500)	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 2,396 shares were withheld by Global Payments Inc. (the "Company") for payment of the exercise price, and the net exercises resulted in the issuance of 10,104 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: Shares were transferred without consideration.

F4: This grant became exercisable in 25% increments on the first (September 29, 2009), second (September 29, 2010), third (September 29, 2011) and fourth (September 29, 2012) anniversary of the grant date.