GLOBAL PAYMENTS INC — Director's Dealing 2019

Sep 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2019-09-17

Reporting Person: TURNER JOHN THOMPSON (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-17	Common Stock	A	2305	$0.00	Acquired	2305	Direct
2019-09-17	Common Stock	A	14683	$0.00	Acquired	14683	Indirect
2019-09-17	Common Stock	A	29093	$0.00	Acquired	29093	Indirect
2019-09-17	Common Stock	A	43435	$0.00	Acquired	43435	Indirect
2019-09-17	Common Stock	A	466617	$0.00	Acquired	466617	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-17	Non-qualified Stock Option (Right to Buy)	$21.90	A	379	Acquired	2021-01-31	Common Stock (379)	Direct
2019-09-17	Non-qualified Stock Option (Right to Buy)	$23.48	A	1064	Acquired	2021-05-03	Common Stock (1064)	Direct
2019-09-17	Non-qualified Stock Option (Right to Buy)	$28.73	A	5908	Acquired	2022-05-31	Common Stock (5908)	Direct
2019-09-17	Non-qualified Stock Option (Right to Buy)	$29.01	A	6434	Acquired	2023-04-30	Common Stock (6434)	Direct
2019-09-17	Non-qualified Stock Option (Right to Buy)	$39.22	A	5712	Acquired	2024-04-30	Common Stock (5712)	Direct
2019-09-17	Non-qualified Stock Option (Right to Buy)	$50.59	A	6113	Acquired	2025-05-10	Common Stock (6113)	Direct
2019-09-17	Non-qualified Stock Option (Right to Buy)	$65.75	A	5281	Acquired	2026-05-10	Common Stock (5281)	Direct
2019-09-17	Non-qualified Stock Option (Right to Buy)	$71.68	A	9427	Acquired	2027-05-09	Common Stock (9427)	Direct
2019-09-17	Non-qualified Stock Option (Right to Buy)	$126.01	A	4696	Acquired	2029-05-02	Common Stock (4696)	Direct

Footnotes

F1: Reflects the issuance of shares of Global Payments common stock, without par value ("Global Payments Common Stock"), contemplated by the Agreement and Plan of Merger, dated as of May 27, 2019 (the "Merger Agreement"), by and between Total System Services, Inc. ("TSYS") and Global Payments Inc. ("Global Payments"), pursuant to which, at the effective time of the Merger (the "Effective Time"), TSYS merged with and into Global Payments, with Global Payments as the surviving entity. In accordance with the terms of the Merger Agreement, each share of TSYS common stock, par value $0.10 per share ("TSYS Common Stock"), was converted into 0.8101 shares (the "Exchange Ratio") of Global Payments Common Stock.

F2: In accordance with the terms of the Merger Agreement, each stock option to purchase shares of TSYS Common Stock (a "TSYS Stock Option") that was outstanding and unexercised immediately prior to the Effective Time was automatically converted into an option to purchase (i) that number of shares of Global Payments Common Stock (rounded down to the nearest whole share) equal to the product of (A) the number of shares of TSYS Common Stock subject to such TSYS Stock Option immediately prior to the Effective Time and (B) the Exchange Ratio, (ii) at an exercise price per share of Global Payments Common Stock (rounded up to the nearest whole cent) equal to the quotient of (A) the exercise price per share of TSYS Common Stock of such TSYS Stock Option immediately prior to the Effective Time and (B) the Exchange Ratio.

F3: These options were fully vested and exercisable at the Effective Time.