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: 2018-02-26

Reporting Person: SLOAN JEFFREY STEVEN (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-26	Common Stock	A	16347	$114.70	Acquired	402085	Direct
2018-02-26	Common Stock	A	25924	$114.70	Acquired	428009	Direct
2018-02-26	Common Stock	F	5874	$114.70	Disposed	422135	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	53435	Acquired	2028-02-26	Common Stock (53435)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11960	Indirect

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: Balance includes transfer of 23,075 shares from indirect ownership to direct ownership.

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: Shares held by the Jeffrey S. Sloan Grantor Retained Annuity Trust (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, except to the extent of his pecuniary interest.

F6: 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 in each of the first three anniversaries of the grant date.