GLOBAL PAYMENTS INC — Director's Dealing 2019

Mar 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PAYMENTS INC (GPN)
CIK: 0001123360
Period of Report: 2019-03-13

Reporting Person: SILBERSTEIN ALAN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-13	Common Stock	M	10980	$23.08	Acquired	51049	Direct
2019-03-13	Common Stock	F	1918	$132.15	Disposed	49131	Direct
2019-03-13	Common Stock	S	4276	$132.43	Disposed	44855	Direct
2019-03-13	Common Stock	G	3100	—	Disposed	41755	Direct
2019-03-14	Common Stock	S	700	$132.78	Disposed	41055	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-13	Non-qualified Stock Option (Right to Buy)	$23.08	M	10980	Disposed	2019-10-01	Common Stock (10980)	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 1,918 shares were withheld by Global Payments Inc. (the "Company") for payment of the exercise price, and the net exercise resulted in the issuance of 9,062 shares by the Company to the reporting person.

F2: The exercise price reflects the price of the Company's common stock when the transaction occurred.

F3: Shares were transferred without consideration.

F4: 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.

F5: This grant became exercisable in 25% increments on the first (October 1, 2010), second (October 1, 2011), third (October 1, 2012), and fourth (October 1, 2013) anniversary of the grant date.