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GLOBAL PAYMENTS INC — Director's Dealing 2018
Mar 1, 2018
30279_dirs_2018-02-28_aabf133b-8dd5-4cc6-971b-250493c08bf0.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: 2018-02-26
Reporting Person: Green David Lawrence (EVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-26 | Common Stock | A | 2398 | $114.70 | Acquired | 61444 | Direct |
| 2018-02-26 | Common Stock | A | 4776 | $114.70 | Acquired | 66220 | Direct |
| 2018-02-26 | Common Stock | F | 1105 | $114.70 | Disposed | 65115 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-26 | Non-qualified Stock Option (Right to Buy) | $114.70 | A | 7837 | Acquired | 2028-02-26 | Common Stock (7837) | Direct |
Footnotes
F1: Represents restricted shares of common stock, which were granted to the reporting person as compensation. The restricted shares will vest in equal installments on each of the first three anniversaries of the grant date.
F2: Includes shares from Dividend Reinvestment Plan.
F3: Represents shares of restricted common stock issued as a result of the vesting of performance-based synergy units which were originally granted on June 8, 2016 as a non-recurring, supplemental award and were earned based on the company's achievement of pre-established goals related to the Heartland transaction. Half of the earned synergy units vested February 26, 2018 and the remaining half will vest on February 26, 2019.
F4: Represents the disposition of shares to the company to cover taxes on the vesting of awards.
F5: Represents unvested options to purchase shares of common stock, which were granted to the reporting person as compensation. The stock options will vest in equal installments on each of the first three anniversaries of the grant date.