SEC Form 4 · accession 0001127602-16-049194
GLOBAL PAYMENTS INC · GPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald J Wilkins
Director
Period of report
Apr 13, 2016
Accepted (ET)
Apr 13, 2016 · 4:33 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 13, 2016 | M | 3,000 | $23.08 | A | 20,000 | D | |
| Common StockF1 | Apr 13, 2016 | S | 3,000 | $75.22 | D | 17,000 | D |
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)F2 | $23.08 | Apr 13, 2016 | M | 3,000 | D | — | Oct 1, 2019 | Common Stock | 3,000 | 7,980 | D |
Explanation of responses
- F1Reflects the weighted average sale price. The range of prices for such transaction is $75.06 to $75.30. The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
- F2This 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.