SEC Form 4 · accession 0001127602-15-014534
GLOBAL PAYMENTS INC · GPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William I Jacobs
Director
Period of report
Apr 14, 2015
Accepted (ET)
Apr 15, 2015 · 4:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001123360
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 14, 2015 | M | 4,770 | $33.755 | A | 34,230 | D | |
| Common StockF2 | Apr 14, 2015 | F | 1,632 | $98.65 | D | 32,598 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $33.755 | Apr 14, 2015 | M | 4,770 | D | — | Sep 22, 2015 | Common Stock | 4,770 | 0 | D |
Explanation of responses
- F1Represents 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 1,632 shares were withheld by Global Payments Inc. (the "Company") for payment of the exercise price, and the net exercises resulted in the issuance of 3,138 shares, in the aggregate, by the Company to the reporting person.
- F2Closing price of the Company's common stock on the transaction date.
- F3This grant became exercisable in 25% increments on the first (September 22, 2006), second (September 22, 2007), third (September 22, 2008), and fourth (September 22, 2009) anniversary of the grant date.