SEC Form 4 · accession 0001127602-15-017651
GLOBAL PAYMENTS INC · GPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Trapp
Director
Period of report
May 14, 2015
Accepted (ET)
May 18, 2015 · 4:18 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 | May 14, 2015 | M | 5,490 | $46.16 | A | 20,313 | D | |
| Common Stock | May 14, 2015 | M | 3,612 | $42.07 | A | 23,925 | D | |
| Common StockF2 | May 14, 2015 | S | 9,102 | $104.25 | D | 14,823 | D | |
| Common Stock | holding | — | — | — | 3,714 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F3 | $46.16 | May 14, 2015 | M | 5,490 | D | — | Oct 1, 2019 | Common Stock | 5,490 | 0 | D |
| Incentive Stock Option (Right to Buy)F4 | $42.07 | May 14, 2015 | M | 3,612 | D | — | Oct 1, 2020 | Common Stock | 3,612 | 0 | D |
Explanation of responses
- F1These 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.26 to $104.74, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth above.
- F3This grant became exercisable in 25% increments on the first (October 1, 2010), second (October 1, 2011), third (October 1, 2012), fourth (October 1, 2013) anniversary of the grant date.
- F4This grant became exercisable in 25% increments on the first (October 1, 2011), second (October 1, 2012), third (October 1, 2013) and fourth (October 1, 2014) anniversary of the grant date.